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Published on 7/27/2012 in the Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

DBRS confirms 407

DBRS said it has confirmed the ratings of 407 International Inc.

All trends are stable.

Despite a heavy debt burden and weaker traffic in 2011, 407 continues to exhibit sound operating efficiency, solid cash flow generation, sizable reserves and good long-term traffic prospects, the agency said.


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