Fitch: Concession Amendments to Bring Autoroutes Paris-Rhin-Rhone Higher Capex Longer Tenor

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MILAN & LONDON--(BUSINESS WIRE)--The recently published contractual amendments of Autoroutes Paris-Rhin-Rhone's (APRR; 'BBB+'/Outlook Stable) concession do not alter its credit profile, according to Fitch Ratings. The agreement balances the French government's wish to support economic activities with APPR's contractual rights. From a financial standpoint, the key concession change is an additional concessionaire capex plan. Under the agreement, APRR Group (including its subsidiary Area) is comm

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