Moodys confirms Canals high rating

473Views 0Comments Posted 14/12/2018

Moody’s rating agency on Friday, December 14  confirmed The Panama  Canal Authority  (ACP) A2 rating based on its business model, its advantage as an infrastructure in a unique geographical location, as well as operational and financial performance. which is expected to continue thanks to the expansion.

According to the agency, thanks to the expanded Channel, the interoceanic route has captured more transits and tonnage, which has allowed it to develop new businesses and investments.

Moody's adds that one of the strengths of the ACP is its " clear legal and institutional framework," which supports a reliable and stable operating environment.

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