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Published on 7/18/2019 in the Prospect News Emerging Markets Daily.

Fitch rates Panama bonds BBB

Fitch Ratings said it assigned a BBB rating to Panama's $1.25 billion bonds maturing 2030 and to the $750 million bonds maturing 2060.

The bonds maturing 2030 carry a coupon of 3.16%.

The bonds maturing 2060 carry a coupon of 3.87%.

The agency said the bond ratings are in line with Panama's long-term foreign currency issuer default rating of BBB, and they are sensitive to any change in the issuer default rating.


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