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Prospect News home > News index > List of issuers E > Headlines for El Salvador > News item |
S&P rates El Salvador notes B-
S&P said it assigned a B- rating to El Salvador’s $1.097 billion of senior secured notes due 2050.
Proceeds will be used for general budgetary purposes and to refinance debt.
S&P’s said the rating reflects its view of consistently moderate fiscal deficits, stable debt levels with consistent, moderate economic growth in the next three years.
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