FITCH Ratings
has for the third consecutive year affirmed the Panama Canal Authority's (ACP)
'A' investment grade rating with a stable outlook for its long-term
issuer default rating and its senior unsecured notes.
The credit rating agency pointed to
the canal's "stable volume performance, solid competitive position and
well-diversified cargo mix, causing [the] ACP's volume profile to exhibit high
levels of resilience."
Furthermore, the report underscored
the canal's strategic role in global trade flows due to its ability to offer
connectivity to world maritime trade, adding value as the main transshipment
hub in the region.
Panama Canal's executive vice president Francisco Miguez said the awarding of the rating that demonstrates the
canal's financial and competitive strength "is the direct result of our
hard work and commitment to maintaining profitable operations, while providing
customers with reliable, consistent service."
Also factoring into its decision,
Fitch Ratings cited the waterway's "strategic importance to world
commerce, extraordinary legal framework," contributing to institutional,
operational and financial autonomy and the "existence of appropriate
incentives to keep the asset profitable over the long-run".
Source : HKSG.
Tidak ada komentar:
Posting Komentar