New York, July 08, 2013 -- Moody's has assigned an initial Baa3 rating to Autopistas Metropolitanas de Puerto Rico, LLC's (Metropistas) proposed $435 million senior secured notes with final maturity in 22 years. The issuer currently holds the 40-year concession to operate and maintain Puerto Rico's PR-22 and PR-5 tolled highways. The rating outlook is stable. Moody's will review final financing documents when they are available , but we expect no material changes in the financing terms as presented to date. Should any material changes occur, Moody's may reconsider the rating outcome based on the final bond structure, covenants, and other key terms.

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