re: Bernhard says he will finance loan for new Mississippi River Bridge in Baton Rouge

I would too if I had a billion laying around.

That could be 45 million a year in interest at 4.5%. That figure could be low with probably more because of compounding and giving the state the money upfront for construction and not starting payments until toll collections begin once construction is done. The loan could end up being 1.5 billion by the time income starts coming in 10 years with a 10 year construction goal.

As far as tolls, the state is going to need at least 90,000 cars a day at 2.50 just to be able to service the debt and cover some toll collection costs.