Moody's rates IDEAL debt issues Aa2

Monday, October 24, 2011

Moody's has assigned an rating to each of Mexican infrastructure developer IDEAL's two proposed debt issues for a total of up to 4.5bn pesos (US$333mn). The outlook is stable.

IDEAL, whose project portfolio includes the 4.3Mm3/d Atotonilco wastewater treatment plant and Pacífico Sur highway package, plans to use proceeds for new projects and general corporate purposes. The ratings report is available here

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