10 de octubre de 2014 / 21:19 / en 3 años

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

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)

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