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Fitch Takes Rating Actions on U.S. Turnpikes Amid Coronavirus Disruptions

Fitch Takes Rating Actions on U.S. Turnpikes Amid Coronavirus Disruptions

Fitch Ratings
Fri 03 Apr, 2020 - 4:42 PM ET

Fitch Ratings - New York - 03 Apr 2020: Fitch Ratings has affirmed the ratings on the following Turnpikes and revised their Outlooks to Negative from Stable:

---ITR Concession Company LLC's senior secured debt at 'BBB';

---Pennsylvania Turnpike Commission's subordinate revenue bonds at 'A-';

Fitch has affirmed the ratings on the following Turnpikes:

--Florida Department of Transportation's (FL) [Florida Turnpike] turnpike revenue bonds at 'AA';

--Maryland Transportation Authority's transportation facilities project revenue bonds at 'AA';... FULL ARTICLE

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