Tougher terms seen for infrastructure P3 deals

Reuters News reports that a spokesperson for Fitch Ratings Agency has said U.S. state and local governments eyeing public-private partnerships, or "P3s," for infrastructure will demand tougher terms from investors amid rising concern about the tie-ups.

He sees increased demands for transparency in public-private negotiations, along with tighter oversight and protections for the public from rising costs written into agreements for assets leased or sold to investors. read more