Costa Rica readies next bond sale

Costa Rica readies next bond sale

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Funds Regulation Politics Costa Rica Central America US

Costa Rica's Finance Ministry plans to ask the Legislative Assembly for permission to issue $4.5 billion in cross-border bonds once the next finance minister, Rodrigo Chaves, begins his new job at the end of November, according to press reports. The Central American sovereign issuer returned to the international bond market with a two-part deal worth $1.5 billion on November 12. It issued $1.2 billion in new 2031 notes with a coupon of 6.125% and added $300 million to its 2045 bonds with a coupo

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