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THE DOMINICAN REPUBLIC ANNOUNCES PRICING OF NEW NOTES OFFERING AND AGGREGATE PRINCIPAL AMOUNT OF TENDERS ACCEPTED FOR PURCHASE

Source: PR Newswire

Sovereign Debt & RatingsCredit & Bond MarketsM&A & Restructuring

The Dominican Republic announced the aggregate principal amount of its existing bonds that was validly tendered and accepted for purchase under a bond tender offer. The excerpt does not disclose the accepted principal amount, pricing, maturities, or funding terms. The transaction is a sovereign liability-management action that could affect liquidity and the composition of the Republic's outstanding debt.

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