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Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Canacol Energy Ltd. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 13 December 2024 in which we reassessed the appropriateness of the ratings in the conte...

Canacol Energy Ltd.: Update after downgrade to Caa1; outlook remains n...

Our credit view of this issuer reflects its current high level of debt for reserve size and its declining proved reserves life.

Moody's Ratings downgrades Canacol's ratings to Caa1; negative outlook

Moody's Ratings downgraded Canacol Energy Ltd.'s (Canacol) Corporate Family Rating (CFR) to Caa1 from B1. The Senior Unsecured Global Notes rating was also downgraded to Caa1 from B1. The outlook remained negative. RATINGS RATIONALE The downgrade of Canacol's ratings to Caa1 from B1 reflects the com...

Canacol Energy Ltd.: Update after downgrade to B1; negative outlook

Our credit view of this issuer reflects its current high level of debt for reserve size, its declining reserve life and its small asset base and production levels in the foreseeable future.

Moody's downgrades Canacol's ratings to B1; negative outlook

Moody's Investors Service (Moody's) downgraded Canacol Energy Ltd.'s (Canacol) Corporate Family Rating (CFR) to B1 from Ba3. The Senior Unsecured Global Notes rating was also downgraded to B1 from Ba3. The outlook was changed to negative from stable. RATINGS RATIONALE The downgrade of Canacol's ...

Canacol Energy Ltd.: Annual Update

Our credit view of this issuer reflects its declining leverage, offset by its declining reserve life and its current high level of debt for reserve size.

Canacol Energy Ltd.: Covenant Quality Post-Sale Snapshot: US$500m 5.75...

Canacol Energy Ltd.'s covenant package provides weak protection, reflecting a CQ score of 3.66.

Canacol Energy Ltd.: Update after ratings upgrade to Ba3

Our credit view is based on Canacol's small production and reserve sizes, credit factors that are mitigated by stable cash flow as well as solid operating and financial performance.

Moody's rates Canacol's proposed notes at Ba3; stable outlook

Rating Action: Moody's rates Canacol's proposed notes at Ba3; stable outlook. Global Credit Research- 08 Nov 2021. New York, November 08, 2021-- Moody's Investors Service assigned a Ba3 rating to Canacol Energy Ltd.' s proposed up to $450 million senior unsecured notes due 2028.

Moody's upgrades Canacol to Ba3; stable outlook

Rating Action: Moody's upgrades Canacol to Ba3; stable outlook. Global Credit Research- 03 Nov 2021. New York, November 03, 2021-- Moody's Investors Service upgraded Canacol Energy Ltd.' s corporate family rating to Ba3 from B1.

Moody's announces completion of a periodic review of ratings of Canaco...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Canacol Energy Ltd.. Global Credit Research- 17 Aug 2021. New York, August 17, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Canacol Energy Ltd. and other ratings that are associated with the same analytical unit.

Canacol Energy Ltd.: Update to credit analysis

Our credit view of Canacol Energy, reflecting its small production scale and high debt in relation to reserve size, mitigated by increasing production and declining leverage.

Moody's announces completion of a periodic review of ratings of Canaco...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Canacol Energy Ltd.. Global Credit Research- 09 Oct 2020. New York, October 09, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Canacol Energy Ltd. and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of Canaco...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Canacol Energy Ltd.. Global Credit Research- 09 Oct 2020. New York, October 09, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Canacol Energy Ltd. and other ratings that are associated with the same analytical unit.

Canacol Energy Ltd.: Update to credit analysis

Our credit view of Canacol Energy Ltd., reflecting its operating and financial performance, and our expectation for the near future.

Moody's announces completion of a periodic review of ratings of Canaco...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Canacol Energy Ltd.. Global Credit Research- 22 Nov 2019. New York, November 22, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Canacol Energy Ltd. and other ratings that are associated with the same analytical unit.

Canacol Energy Ltd.: Annual update to credit analysis

Our credit view of Canacol Energy Ltd. reflecting a detailed rationale on the company's operating and financial situation and our expectation for the near future.

Canacol Energy Ltd.: Annual update to credit analysis

Our credit view of Canacol Energy Ltd. reflecting a detailed rationale on the company's operating and financial situation and our expectation for the near future.

Canacol Energy Ltd.: Covenant Quality Post-Sale Snapshot: US$320m 7.25...

Canacol Energy Ltd.'s Notes provides upper-tier weak protection (3.41).

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