Moody's upgrades Aleatica toll road

Moody's upgrades Aleatica toll road

Bonds Debt Capital Markets Fixed Income Project & Infrastructure Finance Mexico Europe Australia

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

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