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Grand Parkway System

The purpose of the Grand Parkway Project is to improve the transportation network and level of service in the Houston–Sugar Land–Baytown metropolitan area. It will relieve traffic and congestion on the surrounding major roadways including, but not limited to, US Interstate Highway 10, US Interstate Highway 45, US Highway 59 and US Highway 290.

Upon completion of all segments, it will be the largest loop serving the region. The Grand Parkway System is a portion of the Grand Parkway Project, composed of a portion of Segment D and all of Segments E, F-1, F-2 and G.

The GPTC obligations were issued in part to finance the costs of the Grand Parkway System. The GPTC obligations are supported by a Toll Equity Loan Agreement with TxDOT but are not otherwise obligations of the Texas Transportation Commission or TxDOT.

GPTC Obligations

Series CUSIP Base No. Par Amount Issued Fitch Moody's S&P Official Statement
2013A 38611T $200,000,000 BBB+ Not rated BBB  
2013B 38611T $1,414,934,856 AA- Not rated AA+  
2013C 38611T $836,440,000 AA- Not rated AA+  
2013D 38611T $106,890,000 AA- Not rated AA+  
2013E 38611T $361,810,000 AA- Not rated AA+  

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