Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers 4 > Headlines for 407 International Inc. > News item |
DBRS confirms 407 International
DBRS said it confirmed 407 International Inc.’s issuer rating and senior bonds rating at A, junior bonds rating at A (low) and subordinated bonds rating at BBB.
All trends are stable.
“The ratings are supported by the solid long-term economic fundamentals of the catchment area and 407’s sound cash flow generation and good operating efficiency but are tempered by the company’s sizable debt burden, leverage intentions, and constraints on future capacity expansions,” the agency said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.