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Regulator approves Banco Cathay de Costa Rica bond offering

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Regulator approves Banco Cathay de Costa Rica bond offering

Banco Cathay de Costa Rica S.A. said it garnered regulatory approval for its offering of series D subordinated bonds worth $12.0 million, according to a filing from the bank dated Dec. 1.

The Costa Rican bank said it will announce the details of the offering at a later date.