S&P gives better outlook on Panama Canal

The Panama Canal's credit rating got a boost from Standard & Poor's, which upgraded the outlook on the Canal's ability to repay its debt based on expectations for steady demand for neo-panamax transits.

S&P revised its outlook on the Panama Canal Authority from 'stable' to 'positive.' The overall rating for the Canal continues to be 'A-', which is considered to be at the low end of investment grade debt.