Fitch rates Ecuador bond B, pulls rating

Fitch Ratings said it assigned a B rating to Ecuador's $400 million partially guaranteed social bond. Fitch had previously assigned an expected B rating to the issuance on Jan. 15. In addition, Fitch withdrew the rating of the social bond for commercial reasons.

Fitch will continue to provide issuer default ratings, senior unsecured bond ratings and analytical coverage for the Republic of Ecuador.

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