07.11.2013 21:42:00
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Autovia de la Mancha S.A. -- Moody's corrects rating history for Autovia de la Mancha S.A.'s insured loan
Madrid, November 07, 2013 -- Moody's Investors Service has corrected the rating on the EUR110 million Insured Loan due 2031 raised by Autovia de la Mancha S.A. and guaranteed by Assured Guaranty (Europe) Ltd to A3 from A3 on review for downgrade. The A3 rating of the Insured Loan is constrained by Spain's A3 Local Currency Country Risk Ceiling. Due to an internal administrative error, the Insured Loan's A3 rating was not taken off watch on October 16, 2012, when Moody's concluded the review for downgrade of the Kingdom of Spain's sovereign ratings.