Pellerano & Herrera The Pellerano & Herrera Foundation

Pellerano & Herrera assisted Underwriters in Dual Sovereign Bond Offering

Published on:

Pellerano & Herrera represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC in two 144A/Reg. S offerings, including a $1 billion aggregate principal amount of bonds due 2048 and a DOP40 billion aggregate principal amount of bonds due 2023. BanReservas acted as co-manager with respect to both series of bonds. The transaction was closed on February 15, 2018.

The Dominican Republic intends to use the net proceeds from the sale of the bonds for general purposes of the government, including the partial financing of the 2018 budget.

Pellerano & Herrera’s team was led by senior associate, Caroline Bonó.

Simpson Thacher & Bartlett also served the underwriters as US counsel and Cleary Gottlieb Steen & Hamilton represented the Dominican State.

 

How can we help?

Please, let us know. Your inquiries or comments will be responded to as soon as possible.
Message sent. We've received your inquiry and someone from our team will follow up with you as quickly as possible. Message not sent. An error ocurred. Please, send us an email to ph@phlaw.com
The use of this form for communication with the firm or any individual member of the firm does not estabilish an attorney-client relationship.