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Prospect News home > News index > List of issuers E > Headlines for El Salvador > News item |
S&P assigns El Salvador notes B-
S&P said it assigned its B- issue rating to El Salvador’s $1 billion of senior unsecured notes due in July 2052.
El Salvador will use the proceeds for general budgetary purposes, including funding for Covid-19 relief and recovery efforts.
The notes’ rating is the same as the long-term foreign currency sovereign credit rating on El Salvador, S&P said.
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