BCR Ends Tour

BCR Ends Tour

Costa Rica Bonds

Government-owned Banco de Costa Rica (BCR) has ended fixed-income investor meetings last week and was preparing to price a benchmark size 5-year or 10-year bond this week if market conditions permit, according to an investor who met with the borrower. BCR's CFO Leonardo Acuna told LatinFinance in November 2012 the Costa Rican bank would target 3Q pricing for a $500m international bond debut. The official explained the lender expects to price 25bp wide of the sovereign, and would raise funds for

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