Costa Rica Closes in on Bond

Costa Rica Closes in on Bond

Costa Rica Bonds

Costa Rica has pre-selected five DCM banks and expects to make a final mandate for a new bond issuance by Tuesday, Edgar Ayales, the country’s finance minister tells Latin Finance. The government would ideally like to start a US and European roadshow by the end of the month. In what would be its first international bond since 2004, Ayales says the Baa3/BB+/BB+ sovereign is hoping to price in the 4.00%-4.25% yield range, a level expressed by investors who have spoken with the sovereign. A benchma

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