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Fitch: Toll Roads Largely Unaffected by Floods

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NEW YORK--(BUSINESS WIRE)--Last week's flash floods that occurred across Texas and Oklahoma had little effect on Fitch-rated toll road operations, according to Fitch Ratings. The floods, declared a disaster in 70 counties by Texas governor Greg Abbott, caused significant loss of life as well as damage to property across the state, particularly in Houston and San Marcos. The floods were caused by heavy rainstorms, coming after several weeks of persistent precipitation that had already left the g

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