Bernhard Capital Partners to back 1.3 billion bond for new Baton Rouge river bridge
Posted on 12/6/2018 5:44:00 PM.
Former President of the Shaw Group Jim Bernhard says he is ready to back the loan needed to build a new bridge across the Mississippi River this morning on AM Baton Rouge. He says there is much infrastructure work that needs to be done prior to the bridge being built.

“This is step one. We get the Baton Rouge ongoing... We get Nicholson drive extended and we’re going to get the other parishes to come with us and we’re going to get another bridge.”

The bridge does come with a hefty price tag and that’s money but the prominent businessman and one of the wealthiest people in Baton Rouge.  Bernhard says his company is willing to underwrite the bonds for the project.

“Bernhard Capital Partners has committed to finance the new bridge.  The 1.3 billion dollars is not an ‘if’ it’s not a ‘when,’ it can be financed and we’re prepared to do it.”

Jim Bernhard, Bernhard Captial Partners, new Mississippi River bridge

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