S&P changes Sociedad Concesionaria Autovia to positive

S&P said it revised the outlook on the €184.5 million fixed-rate senior secured bonds due 2041 issued by Sociedad Concesionaria Autovia de la Plata SA to positive from stable and affirmed the BBB+ issue rating on the bonds.

S&P said the outlook revision follows the recent similar outlook revision on its revenue counterparty, the Kingdom of Spain, on March 31, and its financial counterparty, Banco Bilbao Vizcaya Argentaria (BBVA), on April 3.

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