PELLERANO NADAL represents initial purchasers in US$2.5 Billion Sovereign Bond offerings by the Dominican Republic.
January 21, 2021
The PELLERANO NADAL team included Managing Partner Luis Rafael Pellerano and Associate Eduardo Pellerano.
PELLERANO NADAL recently acted as counsel to J.P. Morgan Securities LLC and Citigroup Global Markets Inc., as initial purchasers in connection with offerings by the Government of the Dominican Republic of (i) US$1 billion in aggregate principal amount of its 4.5% bonds due in 2030 and, (ii) US$1.5 billion in aggregate principal amount of its 5.3% bonds due in 2041.
The offering of the 4.5% bonds due in 2030 was a reopening of a series of bonds that had previously been issued by the Dominican Republic. Proceeds of each offering will be used for general purposes of the Government of the Dominican Republic, including the partial financing of the 2021 Budget.
The PELLERANO NADAL team is available to answer any questions regarding this or any other topic of interest to you.