Fitch Ratings has given a BBB+ (EXP) rating to US$1.2 billion senior lien revenue bonds, the proceeds of which will be used to finance the project

Date May 31, 2018

Type Projects

Countries (USA) United States of America

Subsectors Railway

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Fitch Ratings has given a BBB+ (EXP) rating to US$1.2 billion senior lien revenue bonds, the proceeds of which will be used to finance the project

Similar updates

▶IRB Infrastructure Developers has been selected as the preferred bidder for the project
▶The Commissioner of Highways has signed the High-Level Screening Report, advancing the project into the Detail-Level Screening phase to further analyse the benefits and challenges associated with the two delivery models under consideration (Design-build and Design-build-finance-operate-maintain)
▶The Transportation Public-Private Partnership Steering Committee for the project has reviewed the public sector analysis and competition (PSAC) report and determined that the optimal delivery method is as a design-build project

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