Costa Rica

Costa Rica | Macro economy: Finding hope

Costa Rica Economy & Policy Corporate & Sovereign Strategy

Costa Rica wants to jump into the club of high-income economies. To do so will require better infrastructure and education – and a way to pay for it

Costa Rica | On a mission: Interview with finance minister Edgar Ayales

Costa Rica Economy & Policy Corporate & Sovereign Strategy

Edgar Ayales returned from Washington DC to Costa Rica two years ago, following a career as an economist at the IMF. Then, last year, he got the call to take on the finan...

Costa Rica | Overview: Work in progress

Costa Rica Economy & Policy Corporate & Sovereign Strategy

Costa Rica is seen as a beacon of stability in a troubled region. But it must confront a range of challenges if it’s to build on more than half a century of economic prog...

Costa Rica | Terms of Trade: Interview with Costa Rica's trade minister Anabel González

Costa Rica Economy & Policy Corporate & Sovereign Strategy

Anabel González became Costa Rica’s trade minister in May 2010, joining from the Inter-American Development Bank, where she was a senior adviser. She spoke to LatinFinanc...

Costa Rica | Tourism: Come rain or shine

Costa Rica Economy & Policy Corporate & Sovereign Strategy

Its green credentials have long attracted tourists, but in the wake of the global crisis, Costa Rica needs more hotels and flights to bolster one of its biggest industrie...

Costar Looks for April-May Issuance

Costa Rica Bonds

Costa Rica remains on track for a $1bn bond issue, that should come in “April or May” of this year, its finance minister Edgar Ayales tells LatinFinance. An additional $1...

SABMiller Unit Sheds in CentAm

Panama Costa Rica M&A

SABMiller subsidiary Cerveceria Nacional has agreed to sell its milk and juice business to Costa Rica's La Cooperativa de Productores de Leche Dos Pinos for $86m, SABMill...

BCR Eyes Bond in 2013

Costa Rica Bonds

Banco de Costa Rica is targeting the third quarter of 2013 for a $500m international bond debut, CFO Leonardo Acuna Alvarado tells LatinFinance. The official explains the...

DCM Welcomes Costa Rica Return

Costa Rica Bonds

Costa Rica achieved its pricing goal in a return to the international bond markets, getting $4.7bn in demand for a new $1bn 2022 bond. “It was important to return the int...

Costa Rica Aims DCM Return

Costa Rica Bonds

Costa Rica is heard aiming for a yield of low to mid 4%-area for a new benchmark 10-year bond, according to a people familiar with the sale. With pricing expected as soon...

Costa Rica Takes to the Road

Costa Rica Bonds

Costa Rica plans to meet fixed-income accounts this week, ahead of what would be its first international bond transaction since 2004. The sovereign visits Los Angeles and...

Costa Rica Best Bank: Banco de Costa Rica

Bonds Structured Finance Costa Rica

Costa Ricans Get US Beer Brands

Costa Rica M&A US

Cerveceria Costa Rica has agreed to buy North American Breweries for $388m cash from private equity fund KPS, it says. KPS formed the company, which operates the Genesse ...

Smaller Sovereigns Line Up to Tap Demand

Bolivia Costa Rica El Salvador

A group of the LatAm’s smaller sovereign issuers have their eyes on the international bond markets, likely following a transaction from Bolivia expected as soon as today....

Costa Rica Closes in on Bond

Costa Rica Bonds

Costa Rica has pre-selected five DCM banks and expects to make a final mandate for a new bond issuance by Tuesday, Edgar Ayales, the country’s finance minister tells Lati...