Moody’s cuts ENA Norte, ENA Master

Moody's Investors Service said it downgraded ENA Norte Trust's senior secured global scale rating to Ba1 from Baa3. The agency also trimmed ENA Master Trust's senior secured global scale rating to Baa3 from Baa2. The outlook on the ratings for ENA Norte and ENA Master changed to stable from negative.

“This rating action follows the government of Panama rating downgrade to Baa3 stable from Baa2 and outlook change to stable from negative,” Moody’s said in a press release. The government owns both trusts.

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