Fitch Assigns BB+ Rating To Peru IIRSA Securitization

Ratings agency Fitch has assigned a BB+ rating to Peru Enhanced Pass-Through Finance Limited, a Peruvian securitization of government payment obligations in connection with parts of the IIRSA Sur toll road concession. The approximate $635 million in transaction proceeds will be indirectly used to cover the costs of expansion and improvements on two sections of IIRSA Sur, a 2,500 kilometer network of existing toll roads crossing southern Peru.