trending Market Intelligence /marketintelligence/en/news-insights/trending/5j5vlbuczoq8arzb0hse7g2 content esgSubNav
In This List

Costa Rica's Banco Popular readies new bonds worth 10B colones

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Costa Rica's Banco Popular readies new bonds worth 10B colones

Banco Popular y de Desarrollo Comunal SA said it will auction bonds worth 10 billion Costa Rican colones on May 28 at a gross interest rate of 9.85%, according to a regulatory filing.

The Costa Rican bank plans to use proceeds from the issuance of the three-year, series Z13 notes for its financial intermediation activities, including direct lending and liquidity management.

As of May 23, US$1 was equivalent to 564.50 Costa Rican colones.