March 20, 2020 / 3:55 PM / 8 days ago

BRIEF-Moody's Says Outlook For U.S. Toll Road Sector Revised To Negative As Response To Coronavirus Outbreak Reduces Traffic And Revenue

March 20 (Reuters) - Moody’s:

* MOODY’S SAYS OUTLOOK FOR U.S. TOLL ROAD SECTOR REVISED TO NEGATIVE AS RESPONSE TO CORONAVIRUS OUTBREAK REDUCES TRAFFIC AND REVENUE

* MOODY’S SAYS U.S. TOLL ROADS’ TRAFFIC AND REVENUE WILL DECLINE IN THE FIRST HALF OF 2020

* MOODY’S SAYS IF CORONAVIRUS IMPACT IS ONE-YEAR SHOCK, MOST U.S. TOLL ROADS WILL ABSORB LOST REVENUE RATHER THAN RAISE RATES MORE THAN ALREADY FORECAST

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