(Reuters circulated the following article on July 14.)
NEW YORK — Standard & Poor’s Ratings Services said on Wednesday it raised the ratings of National Railroad Passenger Corp. (Amtrak) with a stable outlook citing its improved financial position.
S&P raised its corporate credit rating and senior secured debt rating to “BBB” from “BBB-minus,” affecting about $3.9 billion of lease-adjusted debt. The Washington, D.C.-based passenger railroad’s outlook is stable, S&P said.