June 28, 2022
Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the assigned ratings of CariA+ (Foreign and Local Currency Ratings) on the regional rating scale and ttA+ on the Trinidad and Tobago (T&T) national scale to Point Lisas Industrial Port Development Corporation Limited (PLIPDECO or the Company). These ratings include a single notch up for the likelihood of support if needed from its majority shareholder, the Government of the Republic of Trinidad and Tobago (GORTT). The ratings indicate that the level of creditworthiness of this obligor, adjudged in relation to other obligors in the Caribbean is good.
PLIPDECO-Rating-Release-24-June-2022