Fitch Ratings upgrades LT Int. Scale (local curr.) credit rating of Aes Panama to "BBB-" from "BB+"; outlook stable

June 15, 2017 - CBonds

 

Fitch Ratings upgraded to "BBB-" from "BB+" the LT Int. Scale (local curr.) credit rating of Aes Panama on June 14, 2017. The outlook is stable.
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Issuer: Aes Panama
Issuer profile:
AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy. AES Panama is a subsidiary of AES Corporation, with headquarters in Arl... more
Outstanding issues:
1 issuesUSD375,000,000
Issuer rating:
S&P Global RatingsBB/StableForeign Currency LT12/28/2016
S&P Global RatingsBB/StableLocal Currency LT12/28/2016
Fitch RatingsBBB-/StableLT Int. Scale (foreign curr.)06/14/2017
Fitch RatingsBBB-/StableLT Int. Scale (local curr.)06/14/2017