February 11, 2025. Risk rating agencies Humphreys and Feller Rate maintained their ratings at “AA” with stable outlooks for the bond lines and debt securities issued by Sociedad Matriz SAAM S.A. (SM-SAAM).
Humphreys positively valued SAAM’s sustained good performance over the past few years, with solid EBITDA and liquidity generation, geographic diversification, the stability of the towage business and its long experience in the industry.
Feller Rate, meanwhile, highlighted the company’s leadership position in its markets and businesses, the inorganic growth it has experienced in recent years and its liquidity with significant cash levels, which underpins its strategy to add new operations. In sustainability, it also considered its 2030 strategy and the fact that it was chosen for the sixth year for the DJSI MILA Pacific Alliance Select.
