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EM LATAM CREDIT: Republic of Panama (PANAMA; Baa3neg/BBB-/BB+) Canal Ports Sale

EM LATAM CREDIT

“CKH TO SELL HUTCHISON PORT 90% STAKE IN PANAMA PORTS” – BBG

Neutral for spreads
• Hong Kong based CK Hutchison is selling their interest in ports near the Panama Canal to a Blackrock consortium in a deal valued around USD20bn.

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“CKH TO SELL HUTCHISON PORT 90% STAKE IN PANAMA PORTS” – BBG

Neutral for spreads
• Hong Kong based CK Hutchison is selling their interest in ports near the Panama Canal to a Blackrock consortium in a deal valued around USD20bn.

Keep reading...Show less