Fitch: Guatemala bond BB+

Fitch Ratings said it assigned a long-term foreign-currency rating of BB+ to the Republic of Guatemala's $700 million 4.875% global bond due Feb. 13, 2028.

The rating is in line with Guatemala's foreign-currency issuer default rating.

The proceeds will be used to repay debt, finance social- and investment-programs and fund capital expenditures as part of the government's 2013 financing plan, Fitch said.

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