Bermuda, Banco de Costa Rica plan dollar bonds
Latin America DCM bankers’ efforts to persuade borrowers that it is a good time to come to market has started to pay off as Banco de Costa Rica (BCR) and the Government of Bermuda both hit the road ahead of potential new deals.
Barclays and Deutsche Bank will take Baa3/BB+ rated BCR to Los Angeles on Monday July 29, Boston on July 30, New York on July 31 and London on August 1 ahead of a benchmark 144A/Reg S dollar deal. It would be the borrower’s first in the international markets.
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