{"id":6986,"date":"2017-08-31T11:52:49","date_gmt":"2017-08-31T11:52:49","guid":{"rendered":"https:\/\/pancanal.com\/en\/?p=6986"},"modified":"2021-09-06T06:43:40","modified_gmt":"2021-09-06T06:43:40","slug":"fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook","status":"publish","type":"post","link":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/","title":{"rendered":"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook"},"content":{"rendered":"

Panama City, Panama, August 31, 2017 –<\/strong>For a second year, Fitch Ratings affirmed the Panama Canal Authority\u2019s (ACP) \u2018A\u2019 investment grade rating with a stable outlook for its long-term issues default and senior unsecured notes.<\/p>\n

The credit rating agency\u2019s report stated, \u201cThe ratings reflect an underlying asset that is critical not only for Panama, but for international commerce, as demonstrated by its stable volume performance and competitive position, which has proven to be largely resilient to economic downturns.\u201d<\/p>\n

The Panama Canal\u2019s Executive Vice President of Finance, Francisco Miguez, expressed that this rating yet again confirms the Canal\u2019s financial and competitive strength. He added that its performance is a reflection of the dedicated work of its 9,000 workers that are committed to providing the waterway\u2019s customers with reliable and uninterrupted service.<\/p>\n

Factoring into its decision, Fitch Ratings cited the connectivity that the Canal offers to world maritime trade and the value it adds as the region\u2019s main transshipment hub. They continued, noting that \u201cThe Expansion provides interoceanic passage for Neopanamax vessels, further diversifying revenue sources.\u201d<\/p>\n

The agency also considered that the ACP\u2019s constitutional and legal framework supports operational autonomy, which was found to adequately mitigate the risk of external interference, and acknowledged the \u201cACP\u2019s long track record of managing profitable operations through different administrations.\u201d The rating reflects expectations that the Canal will continue to be managed under the same legal framework.<\/p>\n

Fitch Ratings indicated that it expects the ACP will continue to maintain high margins, solid liquidity, modest working capital requirements and low financial leverage.<\/p>\n","protected":false},"excerpt":{"rendered":"

Panama City, Panama, August 31, 2017 –For a second year, Fitch Ratings affirmed the Panama Canal Authority\u2019s (ACP) \u2018A\u2019 investment grade rating with a stable outlook for its long-term issues default and senior unsecured notes. The credit rating agency\u2019s report stated, \u201cThe ratings reflect an underlying asset that is critical not only for Panama, but … Continue reading “Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":9131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-6986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nFitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook - Autoridad del Canal de Panam\u00e1<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook - Autoridad del Canal de Panam\u00e1\" \/>\n<meta property=\"og:description\" content=\"Panama City, Panama, August 31, 2017 –For a second year, Fitch Ratings affirmed the Panama Canal Authority\u2019s (ACP) \u2018A\u2019 investment grade rating with a stable outlook for its long-term issues default and senior unsecured notes. The credit rating agency\u2019s report stated, \u201cThe ratings reflect an underlying asset that is critical not only for Panama, but … Continue reading "Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Autoridad del Canal de Panam\u00e1\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-31T11:52:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-06T06:43:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pancanal.com\/wp-content\/uploads\/2017\/08\/34.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"161\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cdp_admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cdp_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\"},\"author\":{\"name\":\"cdp_admin\",\"@id\":\"https:\/\/pancanal.com\/en\/#\/schema\/person\/86556a67317d8d0d22145ec375d2aa59\"},\"headline\":\"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook\",\"datePublished\":\"2017-08-31T11:52:49+00:00\",\"dateModified\":\"2021-09-06T06:43:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\"},\"wordCount\":271,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/pancanal.com\/en\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\",\"url\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\",\"name\":\"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook - Autoridad del Canal de Panam\u00e1\",\"isPartOf\":{\"@id\":\"https:\/\/pancanal.com\/en\/#website\"},\"datePublished\":\"2017-08-31T11:52:49+00:00\",\"dateModified\":\"2021-09-06T06:43:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Inicio\",\"item\":\"https:\/\/pancanal.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pancanal.com\/en\/#website\",\"url\":\"https:\/\/pancanal.com\/en\/\",\"name\":\"Autoridad del Canal de Panam\u00e1\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/pancanal.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pancanal.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/pancanal.com\/en\/#organization\",\"name\":\"Canal de Panam\u00e1\",\"url\":\"https:\/\/pancanal.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pancanal.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/pancanal.wpengine.com\/wp-content\/uploads\/2021\/07\/p-logo.png\",\"contentUrl\":\"https:\/\/pancanal.wpengine.com\/wp-content\/uploads\/2021\/07\/p-logo.png\",\"width\":588,\"height\":124,\"caption\":\"Canal de Panam\u00e1\"},\"image\":{\"@id\":\"https:\/\/pancanal.com\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/pancanal.com\/en\/#\/schema\/person\/86556a67317d8d0d22145ec375d2aa59\",\"name\":\"cdp_admin\",\"sameAs\":[\"https:\/\/pancanal.com\"],\"url\":\"https:\/\/pancanal.com\/en\/author\/cdp_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook - Autoridad del Canal de Panam\u00e1","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/","og_locale":"en_US","og_type":"article","og_title":"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook - Autoridad del Canal de Panam\u00e1","og_description":"Panama City, Panama, August 31, 2017 –For a second year, Fitch Ratings affirmed the Panama Canal Authority\u2019s (ACP) \u2018A\u2019 investment grade rating with a stable outlook for its long-term issues default and senior unsecured notes. The credit rating agency\u2019s report stated, \u201cThe ratings reflect an underlying asset that is critical not only for Panama, but … Continue reading \"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook\"","og_url":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/","og_site_name":"Autoridad del Canal de Panam\u00e1","article_published_time":"2017-08-31T11:52:49+00:00","article_modified_time":"2021-09-06T06:43:40+00:00","og_image":[{"width":620,"height":161,"url":"https:\/\/pancanal.com\/wp-content\/uploads\/2017\/08\/34.jpg","type":"image\/jpeg"}],"author":"cdp_admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cdp_admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#article","isPartOf":{"@id":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/"},"author":{"name":"cdp_admin","@id":"https:\/\/pancanal.com\/en\/#\/schema\/person\/86556a67317d8d0d22145ec375d2aa59"},"headline":"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook","datePublished":"2017-08-31T11:52:49+00:00","dateModified":"2021-09-06T06:43:40+00:00","mainEntityOfPage":{"@id":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/"},"wordCount":271,"commentCount":0,"publisher":{"@id":"https:\/\/pancanal.com\/en\/#organization"},"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/","url":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/","name":"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook - Autoridad del Canal de Panam\u00e1","isPartOf":{"@id":"https:\/\/pancanal.com\/en\/#website"},"datePublished":"2017-08-31T11:52:49+00:00","dateModified":"2021-09-06T06:43:40+00:00","breadcrumb":{"@id":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/pancanal.com\/en\/fitch-ratings-reaffirms-panama-canals-a-rating-with-a-stable-outlook\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Inicio","item":"https:\/\/pancanal.com\/en\/"},{"@type":"ListItem","position":2,"name":"Fitch Ratings Reaffirms Panama Canal\u2019s \u2018A\u2019 Rating with a Stable Outlook"}]},{"@type":"WebSite","@id":"https:\/\/pancanal.com\/en\/#website","url":"https:\/\/pancanal.com\/en\/","name":"Autoridad del Canal de Panam\u00e1","description":"","publisher":{"@id":"https:\/\/pancanal.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pancanal.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/pancanal.com\/en\/#organization","name":"Canal de Panam\u00e1","url":"https:\/\/pancanal.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pancanal.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/pancanal.wpengine.com\/wp-content\/uploads\/2021\/07\/p-logo.png","contentUrl":"https:\/\/pancanal.wpengine.com\/wp-content\/uploads\/2021\/07\/p-logo.png","width":588,"height":124,"caption":"Canal de Panam\u00e1"},"image":{"@id":"https:\/\/pancanal.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/pancanal.com\/en\/#\/schema\/person\/86556a67317d8d0d22145ec375d2aa59","name":"cdp_admin","sameAs":["https:\/\/pancanal.com"],"url":"https:\/\/pancanal.com\/en\/author\/cdp_admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/posts\/6986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/comments?post=6986"}],"version-history":[{"count":0,"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/posts\/6986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/media\/9131"}],"wp:attachment":[{"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/media?parent=6986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/categories?post=6986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pancanal.com\/en\/wp-json\/wp\/v2\/tags?post=6986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}