Fitch Ratings affirms Pan American Energy at "BB" (LT Int. Scale (local curr.) credit rating); outlook stable

September 12, 2017 - CBonds

 

Fitch Ratings affirmed the "BB" LT Int. Scale (local curr.) credit rating of Pan American Energy on September 11, 2017. The outlook is stable.
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Issuer: Pan American Energy
Issuer profile:
PAE is the second largest producer of oil and gas in Argentina, accounting for approximately 17% of domestic 2009 production.
Outstanding issues:
1 issuesUSD500,000,000
4 issuesARS2,301,347,222
Issuer rating:
Moody's Investors ServiceB1/PositiveLT- foreign currency03/07/2017
Fitch RatingsB+/StableLT Int. Scale (foreign curr.)09/11/2017
Fitch RatingsBB/StableLT Int. Scale (local curr.)09/11/2017
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