Fitch rates Transurban Finance notes A-

Fitch Ratings said it assigned final ratings of A- to Transurban Finance Co. Pty. Ltd.'s A$250 million unenhanced senior secured fixed-rate medium-term notes maturing March 24, 2014. The agency also affirmed the A- ratings on its unenhanced senior secured debt issues and underlying ratings on the credit-wrapped notes.

The outlook is stable.

The ratings recognize the continuing financial robustness and cash-flow strength of Transurban Group's underlying portfolio, which consists of mature toll road assets and an expectation of sustained revenue growth from these assets, Fitch said.

The continuing growth in Transurban Group's Australian toll road revenue and traffic also adds support to the current ratings, the agency said, despite the ongoing global economic turbulence.

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