Operational problems hit Peru LNG with downgrade

Operational problems hit Peru LNG with downgrade

Credit Ratings Fitch Ratings Moody's Investors Service Fixed Income Debt Bonds Capital Markets Peru

The credit rating of Peruvian liquefied natural gas producer Peru LNG was downgraded by two ratings agencies on Wednesday, decisions that stemmed from the company’s operational performance and not heightened political risk in the wake of left-leaning Pedro Castillo becoming the country's president in July, an analyst at Fitch Ratings told LatinFinance on Thursday. “Peru LNG's downgrade is driven by weaker operational performance given international prices for natural gas, operational disruptions

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