The special purpose entity Gilcrease Developers LLC has acquired Baa2 rating from Moody's Investors Service for it's US$ 125 million of senior lien private activity bonds (PABs). The expressway project involves the construction and financing of a fully functional four-lane divided, tolled highway, which will link two existing roads - Interstate 44 and US 412, on the west side of Tulsa, the second-largest city in Oklahoma, in the south-central region of the USA.

With this rating, the project owner Gilcrease Developers LLC is expecting to get US$ 125 million in return of the bonds, which will help finance a portion of the Project cost obligations under the concession agreement with the Oklahoma Turnpike Authority.