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Fitch rates Guatemala notes BB
Fitch Ratings said it assigned a BB rating to Guatemala's $500 million notes due June 5, 2027.
The notes have a coupon of 4 3/8%.
The proceeds will be used to pay interest and principal on outstanding debt obligations and finance social programs and capital expenditures, Fitch said.
The bond rating is in line with the Guatemala's long-term foreign-currency issuer default rating of BB.
The bond rating would be sensitive to any changes in Guatemala's long-term foreign-currency issuer default rating.
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