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Colombian power company Isagen S.A. E.S.P. recently issued some $263 million USD (750 billion pesos) of bonds. Demand for the notes, which the company stated as 1.4 trillion pesos, was nearly twice as great as the amount that was issued, according to Isagen. The issuance came in...

Fitch highlighted Isagen's improving leverage position and "adequate" liquidity levels "supported by a healthy cash balance" and "manageable debt structure profile."

Moody's said its decision was based on having "insufficient or otherwise inadequate information to support the maintenance of the rating."