centerpoint-inland-port

CenterPoint Inland Port Receives Bond Backings

The CenterPoint Joliet Terminal Railroad LLC in Illinois plans to privately place up to $150 million of unrated Surface Freight Transfer Facilities Revenue Bonds as soon as this spring. Reported by SourceMedia, the intermodal freight facility is one of the only to take advantage of a 12-year-old federal private activity bond program is readying its fourth round of financing. SourceMedia reveals that the proceeds would "finance the acquisition of land, ... [+]