Aerodom buys back 2019s

Aerodom buys back 2019s

Dominican Republic Bonds

Aerodom said it has bought back $421m in 9.25% 2019 bonds, or roughly 87% of the outstanding notes.The airport concessionaire said it used the proceeds from a $317m 2029 bond sale last month to fund part of the buyback. JPMorgan and Scotiabank were bookrunners on last month's trade and priced the new notes to yield 6.75%.Aerodom also got an eight-year $216m loan from five banks, including Scotiabank, to pay for the buyback, sources told LatinFinance.Aerodom offered bondholders $1,050 for ev

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