S&P discusses the outlook for North American Toll Roads in Infrastructure Investor

Writing in Infrastructure Investor‘s August edition, S&P Global Ratings’ Trevor D’Olier-Lees, Senior Director, Infrastructure, North America and Dhaval Shah, Director, North America, discuss the way in which domestic and international bans on travel have dealt an unprecedented blow to both traffic levels and P3 toll roads’ revenues in North America.

Certainly, the region’s toll roads have been heavily affected by the pandemic-related lockdown, coming under significant pressure from a credit perspective. Despite this, the impact has been less severe when compared with other transportation assets and, based on the current trajectory, a full recovery is expected – though the time it will take to reach this remains uncertain and will vary from region to region.

The full story in Infrastructure Investor may be found here, or on page 36 of the August print edition.