September 26, 2019 |
Costa Rica will go on the road in late October to pitch the sale of sovereign bonds after hiring Citi and HSBC as the bookrunners, Deputy Finance Minister Rafael Cordero told LatinFinance.
"We will appoint the ratings agencies and the custodian bank next week," Cordero said.
The country expects to issue the new notes in November or December, depending on market conditions, he added.
Congress has approved the sale of up to $1.5bn in sovereign bonds, but the finance ministry is still deciding on t
Sovereign issuer has hired Citi and HSBC to coordinate the sale of new notes in the cross-border market