Fitch cuts ENA Norte notes

Fitch Ratings said it took the following rating actions on the notes issued by ENA Sur Trust, ENA Norte Trust and ENA Este Trust:

Fitch placed ENA Sur Trus’s BBB and AAA(pan) ratings placed on rating watch negative The agency also placed ENA Este, SA’s BB- and A(pan) on rating watch negative.

Finally, Fitch downgraded ENA Norte Trust to BB from BB+ and to A+(pan) from AA-(pan) and placed them on rating watch negative.

The rating watch and downgrade reflect the possibility traffic declines this year could be worse than Fitch had forecasted, the agency said.

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