Simpson Thacher and Pellerano Herrera instructed on Dominican Republic sovereign bond

Simpson Thacher & Bartlett acted for the initial purchaser JP Morgan Securities, and the co-manager, Banco de Reservas de la República Dominicana, in the $1.2 billion offering. 

The sovereign debt offering was conducted in reliance on Rule 144A and Regulation S. Proceeds of the offering will be used for general budget purposes.

The deal comes amid renewed appetite for Latin American issuers on international capital markets. Among other deals, both Argentina and Honduras issued sovereign bonds in January 2017.

Partner Jaime Mercado led the Simpson Thacher team advising the banks.

Pellerano & Herrera reprised its role as local counsel to the Republic. The firm has acted in all issuances by the sovereign. On this deal, the Pellerano team included partner Luis R. Pellerano and associate Ricardo Pellerano. 

The Dominican Republic instructed Cleary Gottlieb as US counsel. 

Simpson Thacher and Pellerano Herrera instructed on Dominican Republic sovereign bond

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram