Fitch maintains Costa Rica's junk bond rating

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