Fitch assigns BB to Guatemala bonds

Fitch Ratings said it assigned a BB rating to Guatemala’s $1 billion of 6.6% notes due 2036.

The bond rating is in line with Guatemala's long-term foreign-currency IDR, which Fitch upgraded to BB from BB- on Feb. 16, 2023,” the agency said in a press release.

Guatemala will use the proceeds for general budgetary purposes.

The outlook is stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.