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Published on 3/19/2021 in the Prospect News Emerging Markets Daily.

Moody's trims ENA Master Trust

Moody's Investors Service said it downgraded the senior secured rating to Baa2 from Baa1 assigned to the $400 million senior secured notes due in 2048 issued by ENA Master Trust. The agency also changed the outlook to stable from negative.

“The downgrade follows the downgrade of the sovereign bond rating of the government of Panama to Baa2 from Baa1 with a stable outlook,” the agency said in a press release.


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