Kroll Bond Rating Agency (KBRA) has released a macro-market research report titled, “TIFIA and P3 – Infra Without Undue Fiscal Leverage.” The key points made in the report are:
- In the wake of Hurricanes Harvey and Irma, the vulnerability of critical infrastructure assets is once again the focus of policymakers across the U.S. and beyond.
- Slow growth in resources available to support necessary infrastructure has resulted in a significant underinvestment in critical infrastructure.
- TIFIA, or Transportation Infrastructure Finance and Innovation Act, is a Federal credit program that has been particularly successful in helping leverage existing resources and accelerating the delivery of infrastructure projects.
- KBRA has been increasingly active in these public and project finance transactions.
Infrastructure challenges concern KBRA’s sovereign group, given the importance to macro and fiscal policy developments.
Please click on the link below to access the report:
TIFIA and P3 – Infra Without Undue Fiscal Leverage
If you have any difficulties accessing the report, please contact info@kbra.com or visit www.kbra.com.