Costa Rica's election prompts BNCR bond talk

Costa Rica's election prompts BNCR bond talk

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Costa Rica

Banco Nacional de Costa Rica (BNCR) is reevaluating a Rule 144A/Reg S local currency bond, just seven months after the local lender axed the transaction, sources have said. Political volatility prevented BNCR from printing the bond at the time, but with Costa Rica's presidential race now over, the new administration aims to work on dismantling the congressional gridlock that had kept investors at bay, one buyside source said. Earlier this month, the Central American country elected Carlos Alvara

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial