Asciano Limited -- Moody's: Australia Coal Logistics Sector - Increased risk from mining sector weakness manageable

Sydney, April 02, 2015 -- Moody's Investors Service says that weakness in the mining sector is manageable for the rated Australian coal logistics companies due to the latter's strong market positions, contractual arrangements and broadly supportive regulatory regime. The issuers in the coal logistics sector include Aurizon Holdings Ltd (Baa1 stable), Adani Abbot Point Terminal Pty Ltd (Baa3 stable), Australian Rail Track Corporation Ltd (Aa2 stable), Asciano Ltd (Baa2 stable), DBCT Finance Pty Ltd (Baa2 stable) and Newcastle Coal Infrastructure Group Pty Ltd (Baa3 positive).

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