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Emerging MarketsEM LatAm

BNCR to use cash on hand to fund tender

Costa Rica, Colon, Cash, bill, note, LatAm, Central America, 575

Government-owned lender Banco Nacional de Costa Rica (BNCR) will use cash to finance a buy-back for a portion of senior bonds maturing in 2023, sources close to the borrower told GlobalCapital on Tuesday.

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