Moody's: Brazil's privately managed toll roads' outlook changed to stable on economic recovery
Sao Paulo, December 12, 2016-- Moody's Investors Service has changed its outlook for the privately managed toll road industry in Brazil to stable from negative on the expectation that traffic volume will increase, pushing up revenues, as the economy gradual returns to growth and the nation's road network expands. "Traffic growth tends to follow positive and negative trends in the economy, and our expectation that Brazil's economy will return to grow next year is a main reason for...
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