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Fitch: foreign debt approval reduces uncertainty about Costa Rica

The approval of the legislative plenary of the bill that authorizes the government of Costa Rica to issue debt securities in the international market for US$5 billion, popularly known as "eurobonds", reduces uncertainty about the financing capacity in the next three years, says Fitch Ratings.

In a statement issued this week, the risk rating agency considered that financing needs will remain high given the concentration of debt maturing between 2023 . . .

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