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Fitch acts on Guatemalan corporates
Fitch Ratings said it acted on Guatemalan corporates following the country's sovereign rating downgrade to BB- from BB and revision of its outlook to stable from negative.
Fitch downgraded Energuate Trust's long-term local and foreign currency issuer default ratings to BB- from BB with an outlook of negative, and the rating for its $330 million bond due in 2027 to BB- from BB.
Fitch downgraded the long-term foreign currency issuer default rating and long-term senior unsecured notes of Comcel Trust to BB from BB+ and revised the outlook to stable from negative.
Fitch also affirmed Comcel's long-term local currency rating at BB+/stable.
The agency affirmed Central America Bottling Corp.'s long-term foreign and local currency issuer default rating at BB+. The outlook is negative.
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