Santiago, February 9, 2022.
Risk rating agencies Humphreys and Feller Rate upgraded their ratings from “AA-“ to “AA” for the bond lines and debt securities issued of Sociedad Matriz SAAM S.A. (SM-SAAM). The agencies also assigned them a “Stable” outlook as they do not envisage medium-term changes affecting the company’s risk
SAAM’s main strengths include stability and resilience in the face of market fluctuations, liquidity, diversified business lines and the fact that it provides services considered essential to foreign trade.
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SAAM is a multinational corporation providing services for international trade through its three divisions: Port Terminals, Towage and Logistics. With 60 years in business, SAAM has operations in 14 countries in North, Central and South America, creating jobs for more than 8,500 employees.It is the leading provider of towage services in the Americas and an important port and logistics operator in the region.
