Fitch Rates Guatemala's Foreign Currency Bond Issuance 'BB+'

NEW YORK--()--Fitch Ratings has assigned a long-term foreign currency rating of 'BB+' to the Republic of Guatemala's USD700 million Global bond (4.875% coupon) maturing on Feb. 13, 2028. The rating is in line with Guatemala's foreign currency Issuer Default Rating.

The proceeds will be used to repay current indebtedness, finance social and investment programs and capital expenditures as part of the government's 2013 financing plan.

Additional information is available at 'www.fitchratings.com'.

The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Sovereign Rating Methodology' (Aug. 13, 2012).

Applicable Criteria and Related Research:

Sovereign Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=685737

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Contacts

Fitch Ratings
Primary Analyst
Lucila Broide, +1-212-908-0898
Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Cesar Arias, +1-212-908-0358
Associate Director
or
Media Relations:
Elizabeth Fogerty, New York, +1-212-908-0526
elizabeth.fogerty@fitchratings.com

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Contacts

Fitch Ratings
Primary Analyst
Lucila Broide, +1-212-908-0898
Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Cesar Arias, +1-212-908-0358
Associate Director
or
Media Relations:
Elizabeth Fogerty, New York, +1-212-908-0526
elizabeth.fogerty@fitchratings.com