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Fitch maintains Costa Rica's junk bond rating

Monday, January 25, 2016

Fitch Ratings announced that the company was holding steady on its junk bond rating for Costa Rica. Costa Rica has a BB+ credit rating with a negative outlook, one step below investment grade.

Along with maintaining its rating for Costa Rica’s public debt with a negative outlook, Fitch echoed the same concerns that have plagued Costa Rica’s investment status for years now, including a yawning deficit and uncertain support for fiscal reform from a fractured Legislative Assembly.

Source: Tico Times