No Toll Road outperformed the ASX accumulation Index in 2007.
You have to go back to 2001 for that.
Maybe CEU will fit the bill
Credit Market Turbulence
CEU
Net debt is $2096M. This is 100% hedged until 2010. So its next major refinancing is 2010. CEU was the only Toll Road to be refinanced during construction.
No problem here
The only risk really left is traffic ramp up
Factors to influence ……………Expected Traffic Ramp Up
(1) Current Traffic congestion
(2) Poor public transport
(3) Rising need for freight transport
(4) TCL has educated the masses
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