Tag: rail

S&P Global Ratings assigns High Speed Rail’s £314 million debt issue ‘A-’

U.K.-based entity High Speed Rail Finance PLC (HSRF) has issued £314 million of senior secured rated debt. S&P Global Ratings has given a long-term ‘A-’ rating and stable outlook to HSRF’s issue, due to the project’s strong stand-alone credit profile. In addition to a lack of construction risk, S&P argues that the project benefits from …

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