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IDEAL Road Concession Readies Debt

Jan 7, 2013

Impulsora de Desarollo y el Empleo en America Latina’s (IDEAL) plan to raise up to MXP10bn ($786m) in Mexico's domestic bond market at four of its toll roads is gaining momentum, with Moody’s assigning an Aa2 to...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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