reports
- Blanca Cabrera
- Jasper Shi
Strait Crossing Development Inc.: Rating Report
On November 28, 2022, DBRS Limited (DBRS Morningstar) changed the trend to Positive from Stable and confirmed the Issuer Rating on Strait Crossing Development Inc. at BB (high). DBRS Morningstar also confirmed the rating on the 6.17% Revenue Bonds at BBB (low) with a Stable trend, based on the unchanged recovery rating of RR1.
- Blanca Cabrera
- Jasper Shi
- Victor Leung
DBRS Morningstar Confirms Issuer Rating of Strait Crossing Development...
Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms Issuer Rating of Strait Crossing Development Inc. at BB (high), Changes the Trend to Positive from Stable, Confirms Rating of 6.17% Revenue Bonds at BBB (low), Stable Trend
- Jiaona Quan
- Victor Leung
Strait Crossing Development Inc.: Rating Report
On November 29, 2021, DBRS Limited (DBRS Morningstar) downgraded Strait Crossing Development Inc.’s Issuer Rating to BB (high) from BBB (low) and confirmed the rating of the 6.17% Revenue Bonds rating at BBB (low). Both trends were changed to Stable from Negative.
- Blanca Cabrera
- Jiaona Quan
- Victor Leung
- Andrew Chiu
The Impact of the Coronavirus on Toll Roads: October 2021 Update
This commentary will provide an update on the impact of the Coronavirus Disease (COVID-19) outbreak on volume-based toll roads including the impact of volume losses and an update to the recovery outlook going forward. It will also examine traffic levels on toll bridges as they exhibit fundamental demand characteristics similar to those of toll roads. To provide insight, this update will also consider traffic recovery trends in China and Europe regions.
- Blanca Cabrera
- Neeraj Mehra
- Victor Leung
- Blanca Cabrera
- Neeraj Mehra
- Victor Leung
Strait Crossing Development Inc.: Rating Report
DBRS Limited (DBRS Morningstar) confirmed Strait Crossing Development Inc.’s (SCDI or the Company) Issuer Rating and its 6.17% Revenue Bonds (the Revenue Bonds) rating at BBB (low) with Negative trends. The Negative trends were assigned on May 20, 2020, as a result of the expected Coronavirus Disease (COVID-19)-related impact on the Confederation Bridge (the Bridge) traffic volumes.
- Blanca Cabrera
- Neeraj Mehra
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