# Petroperú credit outlook improvement

> Live situation record from CLSTR: https://clstr.news/situations/petroper-credit-outlook-improvement
> Updated: 2026-09-23T22:23:45.000Z. Sources: 8. Developments: 2.

Moody's Ratings upgraded the credit outlook for Petroperú from negative to positive. While the corporate rating remains at Caa1, the improved outlook is attributed to an enhanced liquidity position following a US$ 475 million bridge disbursement and advancements toward larger-scale financing.

ProInversión indicated that this shift reflects recovering market confidence and the application of financial discipline measures. To maintain transparency, international banking resources will be managed through specialized trusts and separate accounts to ensure operational continuity and normalize relations with strategic suppliers.

## Timeline

### 2026-09-23: Pemex and Plenergy receive new credit ratings from Fitch and Moody's

Fitch affirmed Pemex's national rating at ‘AA(mex)’ with a stable outlook, while Moody's assigned Plenergy its first B1 corporate rating.

3 sources. https://clstr.news/cluster/pemex-and-plenergy-receive-new-credit-ratings-from-fitch-and-moodys

### 2026-09-21: Petroperú credit outlook upgraded to positive by Moody's

Moody's Ratings has upgraded Petroperú's credit outlook from negative to positive, citing improved liquidity and enhanced financial discipline following a US$ 475 million bridge disbursement.

5 sources. https://clstr.news/cluster/petroper-credit-outlook-upgraded-to-positive-by-moodys

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Cite as: Petroperú credit outlook improvement. CLSTR, https://clstr.news/situations/petroper-credit-outlook-improvement