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Asciano Limited: Update following half year results

Asciano's Baa3 rating reflects its strong market position, improving margins and our expectations that the company will de-lever.

Please Change Name Matthew Moore
  • Please Change Name Matthew Moore

Asciano Limited: Improving intermodal market position, declining busin...

CORPORATES ISSUER IN-DEPTH 22 November 2017 RATINGS Long Term Issuer Rating Baa3 Outlook Stable Source: Moody's Investors Service KEY METRICS: FY2017 FY2016 FY2015 Debt/ EBITDA 4.0x 3.2x 3.2x FFO/Debt 18% 20% 21%

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