Moody’s assigns A2 definitive rating to the Senior Unsecured Bonds of the Panama Canal Authority; outlook is stable

Moody’s Investors Service, (“Moody’s”) has assigned a definitive rating of A2 to the Panama Canal Authority’s (“ACP”) issuance of US$450 million senior unsecured bonds (“Bonds”). The outlook is stable. The proceeds will be used to finance part of the construction of a new bridge crossing the Panama Canal (“Canal”) on its Atlantic Ocean end. On …
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Author: hellenicshippingnews

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