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Prospect News home > News index > List of issuers I > Headlines for Instituto Costarricence de Electricidad > News item
Published on 5/8/2013 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Costa Rica's ICE talks $500 million 30-year notes at 6½%-6 5/8%

By Christine Van Dusen

Atlanta, May 8 - Costa Rica's Instituto Costarricence de Electricidad (ICE) set price talk in the 6½% to 6 5/8% area for a $500 million offering of 30-year notes (expected ratings: Baa3//BB+), a market source said.

Citigroup and Deutsche Bank are the bookrunners for the Rule 144A and Regulation S deal.

ICE is Costa Rica's government-run electricity and telecommunications services provider.


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