Spain-based infrastructure group Ferrovial S.A. has a satisfactory business risk profile and a significant financial risk profile, in our view. We are assigning our 'BBB-' long-term corporate credit rating to Ferrovial. The stable outlook reflects our view that Ferrovial should maintain Standard&Poor's-adjusted core group debt to EBITDA of about 3x. LONDON (Standard&Poor's) Aug. 1, 2011--Standard&Poor's Ratings Services said today that it assigned its 'BBB-' long-term corporate credit rating to Spanish infrastructure group Ferrovial S.A. The outlook is stable. The rating on Ferrovial reflects our opinion of Ferrovial's satisfactory business risk profile, which is supported by long-term contractual cash flows generated by its services division, an internationally diversified revenue base, and the strong competitive position
