Fitch Rates Bantrab Capital Notes Trust's Subordinated Loan Participation Notes 'B+ (EXP)'

April 21, 2015 5:48 PM

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(The following statement was released by the rating agency) SAN SALVADOR/NEW YORK, April 21 (Fitch) Fitch Ratings assigns Bantrab Capital Notes Trust's (BCNT) upcoming 10-year USD subordinated loan participation notes (the notes) a long-term foreign currency rating of 'B+ (exp)'.

The final rating is contingent upon the receipt of final documents conforming to information already received. The notes will be issued for an amount to be determined (up to USD100 million) and will be secured by BCNT's sole asset, a 100% participation in and to a subordinated loan (the loan) from D...

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