June 10, 2019 |
Citi, Daiwa, Deutsche Bank and JPMorgan pay a visit to pitch international notes
Executives from Citi, Daiwa, Deutsche Bank and JPMorgan recently visited Costa Rica to discuss a possible sovereign bond sale, said a source at the finance ministry.
The administration of President Carlos Alvarado and the Legislative Assembly are still discussing a decree to issue cross-border bonds, but they could reach an agreement by the end of July, the source said.
Either way, Costa Rica could still print at least $1.5bn in bonds before the end of 2019, sources said.