- Language: English
- 175 Pages
- Published: July 2010
- Region: United States
Summary: 407 International Inc. Jun 11
- Published: June 2011
- Region: Global
- Standard & Poors
The ratings on 407 International Inc. reflect Standard & Poor's Ratings Services' opinion of the following strengths: Highway 407 has a strong demand profile, by virtue of its role as an intraurban route within the growing and economically diversified Greater Toronto Area (GTA). It runs north of and parallel to the GTA's main beltway, Highway 401, the central parts of which are at full lane capacity and rank among the busiest stretches of road in North America. We think the GTA's sound economic prospects, growing population, and demonstrated resiliency to external shocks, together with sustained heavy congestion on Highway 401 and other alternates, contributes to the road's strong demand profile. So, too, does the Province of Ontario's (AA-/Stable/A-1+) plan to...
Companies mentioned in this report are: 407 International Inc.
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
407 International Inc.