S&P Mulls Mexico Toll Road Downgrade

S&P Mulls Mexico Toll Road Downgrade

S&P has revised its outlook on the senior secured global ratings assigned to the debt issues of Autopista Monterrey-Cadereyta, Carreteras Ecatepec-Piramides y Armeria-Manzanillo, Libramiento de Matehuala, and Promotora y Administradora de Carreteras to negative from stable. The AAA long-term corporate credit ratings were affirmed. The review follows actions taken on MBIA and XL Capital Assurance, both of which provide unconditional and irrevocable guarantees of full payment on principal and inte

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