Guatemalan Sets Target

Guatemalan Sets Target

Guatemala Bonds

Banco de los Trabajadores (Bantrab) is out with 9%-area guidance for a new $150m 2020 bond expected to price today, according to people following the transaction. The guidance comes on the tight side of low-9% initial price thoughts. The Ba3/BB Guatemalan lender completed a European, North American and Central American roadshow last week. Bantrab is seeking funds to refinance debt and support its growth efforts. Deutsche Bank and BCP Securities are managing the deal, done through a Cayman Island

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