VIARIO A31 SA


Type of ratings: Project Finance

Rating value: BBB+

Outlook: Stable

License: EthiFinance Ratings

Solicited

Ethifinance Ratings affirms the rating of Viario A31, S.A. at "BBB +", maintaining the Stable outlook. The results obtained by the company in 2021 and the advance at the third quarter of 2022 show that the project is operating again at pre-pandemic levels, with recovery in traffic levels and an update in the canon, that allows improving its results. In addition, together with the fact that the project remains achieving a positive level of liquidity, would allow it to continue to meet in a comfortable way its payment commitments.

Ratings

Rating action: Affirmed

Action date: 2022-11-24

Date last rating: 2022-11-24

Date first rating: 2014-11-21

Documents

Executive summary:

Methodologies

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