How does the Catholic Church view Penal Substitutionary Atonement?

How does the Catholic Church view Penal Substitutionary Atonement (as formulated within the Reformed tradition)? A comment on [this question](https://christianity.stackexchange.com/questions/59135/if-god-already-paid-for-my-sins-by-crucifixion-why-should-i-repent-now) , states that PSA 'has been declared doctrinal heresy'. Is that accurate? I am familliar with the development of the theory and that it is not consistent with the Satisfaction Theory of Anslem and Aquinas, but I am not aware of it ever being offically denounced. Was it? If so, when? If not, is it implicitly heretical because it contradicts a particular dogma? Or perhaps it is not heretical, but still wrong?