Industry | 2015.04.15
Fitch Affirms Abengoa Transmission Sur S.A.'s Sr secured Notes 'BBB-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the \'BBB-\' rating on Abengoa Transmission Sur\'s $432 million series 2014-1 notes. The Rating Outlook is Stable. The rating affirmation reflects the project\'s performance which has been in line with Fitch\'s base case expectations. The rating affirmation also reflects stable cash flows anchored by long-term contracted revenues with a consortium of good credit quality power generators within a highly regulated industry. KEY RATING DRIVERS --Ope
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