Citi and HSBC to Issue $1.5 Billion in EurobondsMonday, September 23, 2019 Costa Rican authorities informed that Citi Global Markets and HSBC Global Banking will be the placement banks and financial advisors that will accompany the country in the process of issuance of securities and management of liabilities in the international market. The issue that will be made at the international level is the one that was approved on July 16 through Bill No. Costa Rica Issues $1.5 Billion in EurobondsTuesday, November 12, 2019 On November 12, the debt securities were sold in the international market, and at the end of the negotiation, bonds were issued for $1.2 billion maturing in 2031 and $300 million maturing in 2045. The negotiation of the public debt issued by the government of Costa Rica in the international market closed at noon on November 12, and the yield for those maturing in 2031 was 6.25% and for those expiring in 2045 was 7.25%. Eurobonds: Risk Rating ConfirmedMonday, November 11, 2019 Standard & Poor's has given a B+ rating to the $1.5 billion debt issue that Costa Rica expects to place in the international market in November. "Global Ratings today assigned a "B+" rating to the prospective reopening of Costa Rica's notes which have a 7.158% rate maturing in 2045 and a "B+" rating in its planned issuance of notes maturing in 2031, the latter issue still does not have a defined trading rate," the rating agency said on November 8. S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: |
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