Jones Day Advises on $300M Costa Rican Bond Offering
Jones Day represented a Costa Rica-based subsidiary of Global Via Infraestructuras S.A. in a more than $300 million bond offering that is one of the largest Central American project bonds in recent history.
June 12, 2017 at 04:00 AM
16 minute read
Jones Day represented a Costa Rica-based subsidiary of Global Via Infraestructuras S.A. in a bond offering that is worth more than $300 million and is one of the largest Central American project bonds in recent history.
The transaction, which refinanced the bank loan for a toll road largely completed in 2015, is also the first bond issuance in Costa Rica with concurrent registered local and international portions.
Most of the money will go toward paying back a commercial bank loan that helped build a road that significantly shortened the trip to the country's top tourist destinations and to the Port of Caldera.
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