Costa Rica

Fitch has given a BB- rating to Costa Rica USD 1.5 bln bond maturing in April 2034 with a 6.55% coupon. The funds raised from the issuance will be utilized for general budgetary purposes, including refinancing public debt. The bond ratings align with Costa Rica’s BB- rating, which was upgraded by Fitch on March 2, 2023, with a stable rating outlook.