Costa Rica eyes US$1bn international bond in the first half 2015

viernes 10 de octubre de 2014 17:16 GYT
 

By Davide Scigliuzzo

WASHINGTON, Oct 10 (IFR) - Costa Rica is planning to raise US$1bn through a new international bond in the first half of 2015, the country's finance minister Helio Fallas told IFR on Friday.

The sovereign, rated Ba1/BB/BB+, is yet to determine the maturity of the new bond and to select banks to arrange the sale.

Fallas said the country would prefer to issue a long-dated bond but that final terms will depend on market conditions. (Reporting by Davide Scigliuzzo; Editing by Paul Kilby)