Dominican Republic $500 million sovereign bond offering

7/7/2016
Investment grade bond/note issue, Sovereign bond issue

$ 500 million

Completed

7/7/2016


Overview:

  • The Dominican Republic has issued $500 million in 6.875% bonds which reach maturity in 2026.
  • Citigroup Global Markets and JPMorgan Securities acted as underwriters.
  • Cleary Gottlieb Steen & Hamilton (Juan Giráldez) advised the issuer.
  • Simpson Thacher & Bartlett (Jaime Mercado) and Pellerano & Herrara (Mariángela Pellerano) advised the underwriters.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Dominican Republic

Deal types:

Investment grade bond/note issue
Sovereign bond issue

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy


Firms:

Party: Dominican Republic (Issuer)


Party: Citigroup Global Markets Ltd (Underwriter)

Party: JPMorgan Chase (Underwriter)


Party: Citigroup Global Markets Ltd (Underwriter)

Party: JPMorgan Chase (Underwriter)

Lawyer: Jaime Mercado