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Published on 11/30/2011 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

S&P affirms Aeropuertos

Standard & Poor's said it affirmed the B corporate credit rating on Aeropuertos Argentina 2000 SA.

The outlook remains stable.

The rating reflects the company's exposure to Argentine country risk, the limited track record of the country's regulatory framework and the volatility inherent to passenger traffic, S&P said

Partially counterbalancing these factors are the company's s very good competitive position derived from its exclusive concession to operate 33 airports in the country and its manageable maturity profile for the next three years, the agency said.


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