- Fitch Ratings kept the Bond Issue Rating Perspective stable and affirmed the Rating in AA- (Col.)
- The company maintains the strategic fundamentals that support this rating.
Medellín, July 13, 2018 – Odinsa, a concession company of Argos Holding received for the second consecutive year by Fitch Ratings, the AA- (Col) rating of its Ordinary Bonds and the ratification of the Stable perspective.
The ratings consider the links with the Argos Business Holding; the application of the defined strategy focused on long-term airport and road concessions; the strengthening of the portfolio; the experience in the development of infrastructure projects in Colombia and abroad, and an efficient asset management tha has shown positive results, among others.
“This rating complies with the promise of value offered to our bondholders and allows us to strengthen our relevance in the Colombian securities market. In Odinsa we continue working to reinforce our capital structure and maintain our participation in the Colombian capital market”- said Mauricio Ossa, president of Odinsa.
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