Panama Credit Ratings | FX Empire

Panama

Moody's		S&P		Fitch		DBRS		Scope Ratings
Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook
Baa3	Stable	BBB	Negative	BB+	Stable	NR	-	NR	-

Rating Agency	Date	Previous Rating	Previous Outlook	New Rating	New Outlook
Fitch	Mar 28, 2024	BBB-	Negative	BB+	Stable
S&P	Nov 07, 2023	BBB	Stable	BBB	Negative
Moody's	Oct 31, 2023	Baa2	Negative	Baa3	Stable
Fitch	Sep 29, 2023	BBB-	Negative	BBB-	Negative
S&P	Aug 11, 2023	BBB	Negative	BBB	Stable
Moody's	Oct 25, 2022	Baa2	Stable	Baa2	Negative
S&P	Aug 04, 2021	BBB	Stable	BBB	Negative
Moody's	Mar 17, 2021	Baa1	Negative	Baa2	Stable
Fitch	Feb 03, 2021	BBB	Negative	BBB-	Negative
S&P	Nov 24, 2020	BBB+	Negative	BBB	Stable
Moody's	Oct 20, 2020	Baa1	Stable	Baa1	Negative
S&P	Apr 24, 2020	BBB+	Stable	BBB+	Negative
Fitch	Feb 06, 2020	BBB	Stable	BBB	Negative
S&P	Apr 29, 2019	BBB	Positive	BBB+	Stable
Moody's	Mar 08, 2019	Baa2	Positive	Baa1	Stable
S&P	Jul 02, 2018	BBB	Stable	BBB	Positive
Moody's	Sep 29, 2017	Baa2	Stable	Baa2	Positive
Moody's	Oct 31, 2012	Baa3	Positive	Baa2	Stable
S&P	Jul 02, 2012	BBB-	Positive	BBB	Stable
Moody's	Aug 04, 2011	Baa3	Stable	Baa3	Positive

Table Key

Grade	Moody's	S&P	Fitch	DBRS	Scope Ratings
Prime	Aaa	AAA	AAA	AAA	AAA
High Grade	Aa1	AA+	AA+	AA (high)	AA+
	Aa2	AA	AA	AA	AA
	Aa3	AA-	AA-	AA (low)	AA-
Upper Medium Grade	A1	A+	A+	A (high)	A+
	A2	A	A	A	A
	A3	A-	A-	A (low)	A-
Lower Medium Grade	Baa1	BBB+	BBB+	BBB (high)	BBB+
	Baa2	BBB	BBB	BBB	BBB
	Baa3	BBB-	BBB-	BBB (low)	BBB-
Non-investment Grade Speculative	Ba1	BB+	BB+	BB (high)	BB+
	Ba2	BB	BB	BB	BB
	Ba3	BB-	BB-	BB (low)	BB-
Highly Speculative	B1	B+	B+	B (high)	B+
	B2	B	B	B	B
	B3	B-	B-	B (low)	B-
Substantial Risks	Caa1	CCC+	CCC+	CCC
	Caa2	CCC	CCC	CCC	CCC
	Caa3	CCC-	CCC-	CCC
Extremely Speculative	Ca	CC	CC	CCC	CC
Extremely Speculative			C	CCC	C
In Default with Little Prospect for Recovery		CD	RD	RD
In Default		SD		SD
	C	D	D	D	D
			DD	DD
			DDD	DDD
Not Rated	NR	NR	NR	NR	NR