Redefine Properties Limited: Update following the sovereign rating action on South Africa
Our credit view of Redefine Properties, reflecting the challenging operating environment due to the coronavirus outbreak.Redflex Holdings is involved in traffic enforcement products and services, developing enforcement camera technology and owns and operates networks of digital speed and red-light cameras. Co. develops and manufactures digital photo enforcement solutions including red light camera, speed camera and school bus stop arm camera systems, utilizing sensor and image capture technologies. Co. operates in two markets, The Americas and Australia/International. The Traffic business in the U.S. is predominantly a Build Own Operate and Maintain business providing outsourced traffic enforcement programs. The Australia/International Traffic business involves the sale of traffic enforcement products.
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