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Abertis, HIT Affirmed At 'A'; Sanef Affirmed At 'A/A-1'; All Off Watch Neg; Outlook Stable
Standard & Poors, April 2006
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Abstract
PARIS (Standard & Poor's) April 11, 2006--Standard & Poor's Ratings Services said today that it affirmed its 'A' long-term corporate credit ratings on Abertis Infraestructuras S.A., one of Spain's largest infrastructure operators. At the same time, Standard & Poor's affirmed its 'A/A-1' long- and short-term corporate credit ratings on French toll-road operator Sanef, and its 'A' long-term corporate credit rating on France-based Holding d'Infrastructures de Transport S.A.S. (HIT), the holding company of Sanef. HIT is 57.6% owned by Abertis. All ratings were removed from CreditWatch with negative implications. The outlook on all three entities is stable. 'The CreditWatch removal followed further analysis of the impact that Abertis' potential acquisition of some of the Chilean concessions of Actividades de Construcciones y...
Companies mentioned in this report are: Sanef,Abertis Infraestructuras S.A.,Holding d'Infrastructures de Transport S.A.S.
Action: Affirmed
Action: Outlook: Stable
Action: Removed From CreditWatch
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