Guatemala Prepares International Bond

The Republic of Guatemala has mandated Deutsche Bank for a dollar bond issue. Carlos Santizo Reyes, head of capital markets at the country’s public credit bureau, tells LatinFinance that the deal is still in its early stages, and timing and amount have yet to be decided. But bankers say the offering could be for up to $300m and longer than 10 years. Guatemala has a $150m bond coming due in August and additional maturities in 2011, 2013 and 2034.