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Published on 7/9/2015 in the Prospect News High Yield Daily.

S&P rates Autovia del Noroeste bonds BB+

Standard & Poor’s said it assigned a preliminary BB+ long-term issue rating to the proposed €57.2 million fixed-rate senior secured bonds due 2025 to be issued by Autovia del Noroeste Concesionaria de la Comunidad Autonoma de la Region de Murcia, SA.

The outlook is negative.

The company entered into a concession with the regional government of Murcia in 1999 for the construction, operation and maintenance of C-415 toll road.


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