Fitch rates Panama bond BBB

Fitch Ratings said it assigned a BBB rating to Panama's $750 million global bond due April 2053.

The global bond has a coupon rate of 4.3%.

The rating is in line with Panama's Long-term foreign currency issuer default rating, which has a stable outlook.

Fitch said the rating would be sensitive to any changes in Panama's long-term foreign currency issuer default rating. Fitch affirmed Panama's ratings on May 31, 2012, at BBB.

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