S&P cuts three Panamanian issuers

S&P said it lowered its issuer credit and debt ratings on Panama-based Autoridad del Canal de Panama to A- from A. Concurrently, S&P lowered the debt rating on ENA Master Trust to BBB from BBB+ and the debt rating on Aeropuerto Internacional de Tocumen SA to BB+ from BBB-.

The downgrades follow the agency’s downgrade of Panama on Tuesday, S&P said.

The outlook on the three entities is stable.

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