Fitch Releases “Peer Review of U.S. Toll Roads” Report

Fitch Ratings announced the release of a new report, “Peer Review of U.S. Toll Roads, Attribute Assessments, Metrics, and Ratings.” In its news release, Fitch said, “Some U.S. toll road projects may be in line for upward rating activity heading into 2017. . . . Fitch has observed positive operating performance trends across the sector among toll road projects in states like Florida, Maryland and California. Favorable growth and near completion of sizable projects in some cases led Fitch to take eight positive and zero negative actions on its rated U.S. toll roads during the last 12 months. That said, Fitch maintains a Stable Outlook on more than 90% of its rated toll road projects so dramatic rating changes in the coming months are unlikely.”