Sao Paulo, May 23, 2016 -- Moody's America Latina (Moody's) has assigned a Ba2 global scale rating and a Aa2.br rating on the Brazilian national scale (NSR) to Concessionaria de Rodovias Integradas do Oeste S.A.'s ("SPVias" or the "Company") BRL1.2 billion backed senior secured debentures due in 2021. The debentures are expected to be issued by the end of May 2016. At the same time, Moody's affirmed SPVias' issuer rating as well as its backed senior unsecured ratings at Ba2 on the global scale and Aa3.br on the national rating scale. The senior secured non-convertible debentures will be backed by a corporate guarantee from its parent CCR S.A. ("CCR"). The outlook is negative for all ratings.

Vollständigen Artikel bei Moodys lesen