Moody’s rates Metro de Santiago, notes A3

Moody's Investors Service said it assigned an A3 long-term issuer rating to Empresa de Transporte de Pasajeros Metro SA (Metro de Santiago).

At the same time, Moody's assigned an A3 foreign currency rating to the company's five senior unsecured notes due in 2024, 2030, 2047, 2050 and 2061.

The outlook is stable.

The agency said the ratings reflect Metro de Santiago's standalone credit quality, which takes into consideration its strong business profile, as the owner and operator of the entire underground transportation system of Santiago, Chile's capital city.

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