New York, July 11, 2016 -- Moody's Investors Service, ("Moody's") has affirmed both the Baa2 senior lien rating on the Texas Private Activity Bond (PAB) Surface Transportation Corporation's$400 million Series 2009 Senior Lien Revenue Bonds (NTE Mobility Partners LLC North Tarrant Express Managed Lanes Project) and the Baa3 subordinate lien rating on NTE Mobility Partners LLC's$650 million TIFIA Loan. The rating outlook is stable.

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