MEXICO CITY (S&P Global Ratings) Nov. 6, 2026--S&P Global Ratings today said it assigned its'B-'issue rating to the $375 million notes due 2031 issued by the Central District of Honduras (the municipality of Tegucigalpa and Comayagüela ) with a 9.5% interest rate. Our rating on the bond is at the same level as our long-term foreign-currency issuer credit rating on the Central District. As part of the transaction, the administration will use net proceeds to repay the entirety of its local-currency domestic bank debt, worth 192% of operating revenue in 2025, and raise funds for its capital expenditure program, in particular for the San José and Jacaleapa dam. The'B-'rating incorporates the Central District's elevated debt and
