New York, October 29, 2013 -- Moody's Investors Service has assigned a Ba3 foreign currency senior unsecured debt rating to the proposed issuance of US$ 150 million in 7-year fixed rate notes by Bantrab Senior Trust. Bantrab Senior Trust is a Cayman Islands-based trust established for the sole purpose of acquiring a 100% participation interest in a senior unsecured loan made by Deutsche Bank AG, London Branch (Deutsche Bank) to Guatemala's Banco de los Trabajadores (Bantrab, Ba3 stable, E+/b1) to secure the note issuance. Bantrab Senior Trust will therefore provide a pass through of both interest and principal payments on the Bantrab loan to the Bantrab Senior Trust noteholders.
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