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Published on 4/11/2024 in the Prospect News Emerging Markets Daily.

Fitch assigns Puma Energy notes BB

Fitch Ratings said it assigned Puma International Financing SA's planned $500 million of senior unsecured notes expected BB/RR4 instrument ratings.

The ratings are aligned with its existing senior unsecured notes. Puma International Financing is a subsidiary of Puma Energy Holdings Pte. Ltd., which will guarantee the notes.

Puma will use the proceeds to partly repay outstanding notes. The outlook is stable.


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