NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' rating to Panama's USD750 million Global Bond due April 2053. The Global bond has a coupon rate of 4.30%.
KEY RATING DRIVERS
The rating is in line with Panama's Long-term foreign currency Issuer Default Rating (IDR), which has a Stable Outlook.
RATING SENSITIVITIES
The rating would be sensitive to any changes in Panama's Long-term foreign currency IDR. Fitch affirmed Panama's ratings on May 31, 2012 at 'BBB'.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related
-- Sovereign Rating Methodology (Aug. 13, 2012)
Applicable Criteria and Related Research
Sovereign Rating Methodology
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=685737
Additional Disclosure
Solicitation Status
http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=789216
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