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Caucedo Investments Inc. 'BB-' Ratings Withdrawn, At The Company's Request Mar 12 Product Image

Caucedo Investments Inc. 'BB-' Ratings Withdrawn, At The Company's Request Mar 12

  • ID: 2087674
  • March 2012
  • Standard & Poors

FEATURED COMPANIES

  • Caucedo Investments Inc.
  • MORE

Abstract
MEXICO CITY (Standard & Poor's) March 15, 2012-- Standard & Poor's Ratings Services withdrew its 'BB-' ratings on Dominican Republic-based port operator Caucedo Investments Inc. (CII), including the corporate credit rating and the rating on its $180 million in senior notes, at the company's request. The outlook was stable at the time of the withdrawal. CII operates its port terminal through three separate corporate entities: CII, Zona Franca Multimodal Caucedo S.A. (ZFMC; not rated), and Caucedo Services Inc. (CSI; not rated). CII was created with the specific purpose of developing a deepwater marine terminal facility on the Caucedo peninsula. ZFMC, a wholly owned subsidiary of CII, is the asset owner and is responsible for operating and maintaining the terminal facility....

Companies mentioned in this report are: Caucedo Investments Inc.
Action: Withdrawn

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.

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