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S&P rates Guatemala notes BB-
S&P said it assigned its BB- rating to Guatemala's $1.2 billion senior unsecured notes of $500 million due in April 2032 and $700 million due in June 2050.
Guatemala will use the proceeds for general budgetary purposes, including repayment of debt, and to finance or refinance, in whole or in part, new or existing eligible social investments.
The rating is the same as the long-term foreign currency sovereign credit rating on Guatemala, S&P said.
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