Dominican Republic

DR Airport Operator Targets $550m Bond

Dominican Republic Bonds

Airport operator Aeropuertos Dominicanos Siglo XXI (Aerodom) is meeting the buyside this week, according to investors, ahead of what could be a $550m bond sale. The opera...

Metro Postpones Bond

Dominican Republic Bonds

The Dominican Republic’s Metro Country Club has decided to postpone a planned $150m 2019 bond, according to a banker managing the sale. The developer was aiming to price ...

Metro Securitization Sets Target

Dominican Republic Bonds Structured Finance

The Dominican Republic’s Metro Country Club is heard looking to pay around 14% on a new $150m 2019 bond. The developer is expected to be wrapping up investor meetings thi...

Metro Preps Securitization

Dominican Republic Bonds Structured Finance

The Dominican Republic’s Metro Country Club is preparing a $150m 2019 securitization, according to Fitch, which assigns a B minus rating to the deal. The developer is sai...

DR Eyes Domestic Bond Issuance

Dominican Republic Bonds

The Dominican Republic is proposing to issue $500m in the local bond market, according to government filing. If approved by congress, the government would issue the USD-d...

Upside for DomRep Assets Post-Election: Analysts

Dominican Republic Economy & Policy

Analysts weren’t predicting major shifts following the victory of Danilo Medina in the Dominican Republic’s presidential elections, and there may be some upside. “Given t...

AmBev Boosts Expansion with Dominican Buy

Dominican Republic M&A

Companhia de Bebidas das Americas (AmBev) has agreed to spend $1.24bn to acquire a 51% position in Cerveceria Nacional Dominicana (CND), the largest brewer in the Dominic...

DR Plans for Bond Needs

Dominican Republic Bonds

Officials at the Dominican Republic's finance ministry could soon urge the incoming government to use the international bond market to meet looming maturities in the next...

IDB Approves $130m DR Loan

Bonds Structured Finance Dominican Republic

The IDB has approved an 18-year, $130m senior secured loan for Dominicana de Vías Concesionadas, also known as Dovicon. The funds are expected to be used to rehabilitate ...

Investors Push Back as Caucedo, Farias Axe Bond Plans

Brazil Dominican Republic Bonds

Brazilian sugar and ethanol name Grupo Farias and Dominican port terminal Caucedo axed bond plans in the dollar bond market Thursday after investors appeared to lose thei...

Investors Push on Caucedo Pricing

Dominican Republic Bonds

Dominican port terminal Caucedo is heard delaying its $180m 2022 after the borrower adjusted the collateral package on the bond and failed to agree on price levels with i...

Bond Issuance Yet to Abate Despite Record Volumes

Brazil Mexico Dominican Republic

After a week that saw over $10bn in new bond supply from LatAm corporates, bankers are anticipating more busy days this week as borrowers look to print before quarterly n...

CAF Prints Swiss Deal Ahead of European Meetings

Chile Colombia Mexico

Regional development CAF took advantage of improving swap rates from CHF to USD Friday to tap the Swiss franc market Friday with a CHF125m ($136m) 2-year floater. Given t...

HY Port Seeks $180m Bond

Dominican Republic Bonds

Dominican port terminal Caucedo is targeting a $180m 2022 bond, according to Fitch, which assigns a BB minus to the international debut roadshowing this week and next. A ...

DomRep Debut Joins HY Queue

Dominican Republic Bonds

Dominican port terminal Caucedo is poised to start investor meetings this week with the aim of issuing a 144A/RegS bond. The deal would mark the borrower’s debut in the i...