Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sydney Airport Finance Co. Pty. Ltd. > News item |
Moody's: Sydney Airport notes Baa2
Moody's Investors Service said it assigned a Baa2 rating to Sydney Airport Finance Company Pty Ltd.'s $600 million in senior secured, guaranteed notes due March 2023.
The outlook is stable.
"Sydney Airport's Baa2 rating primarily reflects Sydney Airport's strong market position and high EBITDA margins, which have consistently been in the 80% region. The market position is particularly evidenced by the Airport's 42% share of the high margin international passenger market", said Arnon Musiker, a Moody's vice president and senior analyst, in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.