Singapore, 26 May 2026: Puma Energy, a leading global downstream energy business, today announced that Fitch Ratings has upgraded Puma Energy Holdings Pte. Ltd’s Long-Term Issuer Default Rating to ‘BB+’ from ‘BB’, with a Stable Outlook.
Fitch has upgraded Puma International Financing S.A.’s senior unsecured instrument ratings to ‘BB+’ from ‘BB’.
Fitch cited Puma Energy’s improved earnings profile, strengthened credit metrics, adequate liquidity headroom and limited oil price risk as key rating drivers.
The rating also reflects Puma Energy’s geographical and business diversification and exposure to structurally growing fuel demand in emerging markets.
Fitch’s full announcement is available here: Fitch Upgrades Puma Energy to ‘BB+’; Stable Outlook.
About Puma Energy
Puma Energy is a leading global downstream energy business, safely providing energy in more than 34 countries, primarily across Central America and Sub-Saharan Africa. Our downstream business segments include fuels, aviation, lubricants and bitumen. Our purpose is energising communities to help drive growth and prosperity by sustainably serving our customers’ needs in high potential countries around the world.
For further information visit: www.pumaenergy.com
Cautionary Statement
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Forward-looking statements
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