Fitch rates Transurban loan A-

Fitch Ratings said it assigned a long-term rating of A- to Transurban Finance Co. Pty Ltd.'s new A$100 million senior secured bank facility due August 2014.

The outlook is stable.

Fitch also said it assigned a final rating of A- to the company's A$200 million senior secured fixed-rate medium-term notes maturing June 8, 2016.

The outlook is stable.

The final rating is in line with the expected rating assigned in June and conforms to the assumptions made while assigning the expected rating, the agency said.

The ratings recognize the continuing financial robustness and cash-flow strength of Transurban Group's underlying portfolio, Fitch said, and the expectation of sustained revenue growth from these assets.

As with most other Australian projects, refinancing is an important rating consideration, the agency added.

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