BCR to Look for Retap

BCR to Look for Retap

Costa Rica Bonds

Heavy demand in its August DCM debut could see Banco de Costa Rica (BCR) return next year to raise the additional $500m remaining under an approval, its CEO says. “There is the possibility to reopen the bond,” Mario Rivera tells LatinFinance. The official says the bank was very pleased with the $5bn demand and 5.25% yield it got on the $500m 5-year bond. Even with the widely-expected rise in borrowing costs, “we could still see significant borrowing windows open next year,” he says. The bank wil

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