Moody's rates Transurban MTNs A3

Moody's Investors Service said it assigned an A3 senior secured rating to Transurban Finance Co. Pty. Ltd.'s A$1.8 billion medium-term note program.

In addition, Moody's assigned a prospective A3 rating to a minimum of A$100 million in medium-term notes to be drawn down from this MTN program. The outlook is stable.

Moody's said Transurban's debt holders continue to benefit from the stable cash flows from, and the security over, the Transurban group's core asset - the Melbourne CityLink Toll Road.

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