Ratings On Autostrade, Abertis, Sanef, And HIT Put On Watch Neg Re Autostrade-Abertis Merger Apr 06
- ID: 1712950
- April 2006
- Standard & Poors
MADRID (Standard & Poor's) April 24, 2006--Standard & Poor's Ratings Services said today that it has placed on CreditWatch with negative implications its 'A/A-1' long- and short-term corporate credit ratings on Italy's largest toll road operator Autostrade SpA, and its 'A' long-term corporate credit rating on Abertis Infraestructuras S.A., one of Spain's largest infrastructure operators, following the announcement of the two companies' merger. "The CreditWatch listing reflects our concerns about the group's future financial policy and strategy, although the merger itself will not necessarily have a negative impact on the merged entity's ratings," said Standard & Poor's credit analyst Lidia Polakovic. In a related action, Standard & Poor's also placed on CreditWatch with negative implications its 'A/A-1' long- and short-term...
Companies mentioned in this report are: Abertis Infraestructuras S.A.,Atlantia SpA,Sanef,Holding d'Infrastructures de Transport S.A.S.
Action: On CreditWatch:Negative
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Research type: News
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