October 4, 2019
Moody's said it has upgraded the Mexican toll road concession Autopista Amozoc-Perote to Baa1 from Baa2 with a stable outlook.
"The ratings upgrade... reflects Amozoc-Perote's robust traffic and revenue performance that has led to strong financial metrics," Moody's said in a report.
The toll road, operated by the infrastructure concessions company Aleatica, has benefited from the opening of a new Audi manufacturing plant along the route and a lack of security on the Orizaba-Mexico City toll road
Rating agency gives Autopista Amozoc-Perote a Baa1, citing "robust" traffic and revenue growth