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Published on 12/3/2020 in the Prospect News Emerging Markets Daily.

Fitch pulls two Guatemalan issuers from watch

Fitch Ratings said it affirmed the ratings and removed them from rating watch negative of Comcel Trust and the Central America Bottling Corp.

The affirmation and removal follow Fitch’s similar action on Guatemala after settling the coupon payment on its 2026 notes.

Fitch affirmed Comcel’s BB foreign-currency and BB+ local currency ratings. The agency also affirmed Central America’s BB+ foreign- and local currency ratings.

The outlook for Comcel is stable and negative for Central America.


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