The Central Bank announced for June 17 two auctions of monetary stabilization bonds in the local market, for a joint value equivalent to $75 million.
From the Central Bank of Costa Rica statement:
The Central Bank of Costa Rica informs the national market that it will hold an auction of Monetary Stabilization Bonds next Monday, June 17, 2019, and that in this event will make available to the public the following standardized series, whose characteristics are detailed below:
On November 14th, Banpro Grupo Promerica issued $200 million in bonds on the international market for a six-year term under the 144A format.
The bank announced that the issuance was made by Promerica Financial Corporation (PFC), its main shareholder, and that the issue was structured by Bank of America Merrill Lynch and Credit Suisse.
Ramiro Ortiz Mayorga, chairman of the board and CEO of Promerica, explained to Elnuevodiario.com.ni that "...
The issue was made on the international market, for a term of 5 years with a coupon of 5.875% per annum.
According to financial sector sources consulted by Elfinancierocr.com, "... the demand for this bond was five times the issue, ie purchase requests were received for a total of $2.5 billion. EF understood that the placement price was 99.98%, which would increase the rate of yield to maturity to 5.95%."
The new administration has announced that the placement will be in the local market and resources will finance the 2016 budget.
The Ministry of Finance (Minfin) has released the rules for the bond issue and financing needed to make up the shortfall in resources for the new Guatemalan government.
Julio Héctor Estrada, head of the branch, told Elperiodico.com.gt that "we will be turning to the local market next week.
The government sold government 10 year term bonds for $1.25 billion on the international market at 4%, the lowest interest rate in the list of international issues placed by the country.
From a statement issued by the Ministry of Finance and Economy of Panama:
Panama launched (on September 15, 2014), in the international market, a successful issuance of global bonds for $1,250 million, which exceeded expectations, having demand of more than six times the initial offer, and obtaining the lowest coupon in the country's history.
Having certified 2,400 acres of the canal basin and invested $19 million since 2009, the Panama Canal Authority is negotiating with companies interested in purchasing the credits.
In order to recover the investment made in the certification of 2,400 carbon free hectares of canal basin, the Panama Canal Authority (ACP) will be issuing carbon credits, which may be purchased by companies seeking to minimize the impact of their carbon footprint.
On June 11, the Costa Rican Oil Refinery will issue 10-year bonds at the rate of the passive base rate plus 2.15%, with a AAA risk rating (cri) awarded by Fitch Ratings.
With a AAA risk rating (cri) designated by Fitch Costa Rica, the issuance of debt securities will be placed for a period of 10 years and a gross rate referenced to the passive base rate + 215 basis points.
Hydro Caisán requested permission for its second corporate bond issue which it aims to use to restructure liabilities.
After having completely placed a $130 million bond issue in 2012, the company Hydro Caisán, SA has asked the Superintendency of Securities (VPS) for approval for a new issue of up to $90 million, with the aim of paying off in advance the existing bonds of Generadora Pedregalito, S.A. and Generadora Alto Valle, S.A
The government is working on a bond issue in the international market for $1 billion, with terms of between 10 and 30 years.
The bond issue was structured by the Bank of America, Merrill Lynch and Deutsche Bank according to information provided by Jordi Prat, Deputy Minister of Investment and Public Credit.
"The government is considering a new bond issue for 10 years or 30 years, or a combination of both."