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Fitch Expects to Rate Peruvian Securitization IIRSA Norte Finance Ltd 'BB'.

Publication: Business Wire
Publication Date: 21-JUL-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Fitch has assigned a preliminary rating of 'BB' to IIRSA Norte Finance Limited, a Peruvian securitization of government payment obligations in connection with a toll road concession. The $226 million in transaction proceeds will be used to cover the costs of expansion and improvements on IIRSA Amazonas Norte, a...

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