Panama Canal Gets ‘A’ Rating from Fitch

Panama Canal

For a third consecutive year, the rating agency Fitch Ratings reaffirmed the Panama Canal Authority’s (ACP) ‘A’ investment grade rating with a stable outlook for its long-term issues default and senior unsecured notes.

The agency highlights the “stable performance in terms of cargo volumes, the solid competitive position and the well-diversified cargo mix of the Canal, which makes the ACP profile show high levels of resilience”.

In addition, Fitch Ratings stressed the strategic role of the Canal in international commercial trade flow, adding value as the main transshipment center in the region.

Further, the rating is based on the long history of the Panama Canal Authority (ACP) in managing its operations profitably through different administrations.

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