E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/9/2020 in the Prospect News Emerging Markets Daily.

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.


© 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.