EMEA Toll Roads – 2017 Peer Review
Fitch Ratings Global Infrastructure group has published their 2017 Peer Review for EMEA toll roads, with commentary on key differentiating factors including traffic performance, debt structures and leverage.
Key topics covered:
- Traffic Volume Variability
- Debt Structure Is Critical
- Bullet Debt Refinancing Risk
- Metrics Focus on Leverage
- Inflation-Linked Tariff Systems