Dominican Republic

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...

TOClub in Default, Talks Forbearance

Dominican Republic Bonds Corporate & Sovereign Strategy

Newland International Properties, the owner of troubled Trump Ocean Club Hotel & Tower (TOClub), on Tuesday missed its first $31.4m capital payment due on $220m in 9.5% 2...

CapCana to Miss Interest Payment

Dominican Republic Bonds Corporate & Sovereign Strategy

CapCana announced it will not pay a $4.8m interest payment originally due last month, once again pushing the troubled Dominican resort into default. The interest was due ...

DomRep Returns for $250m

Dominican Republic Bonds

Dominican Republic emerged Tuesday with a $250m retap of its existing 7.50% 2021 bonds, after reopening the same bonds for $500m just 4 months ago. Books eventually grew ...

DR Gets $200m IDB Loan

Dominican Republic Loans

The Dominican Republic’s electricity sector is getting a boost with a $200m loan from the Inter-American Development Bank to aid in “efforts to improve the efficiency, fi...

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Bonds Structured Finance Dominican Republic

The Dominican Republic - Best Bank – Banco Popular

Turning the Corner

Dominican Republic Economy & Policy Corporate & Sovereign Strategy

The Dominican Republic is on a path to recovery as FDI flows increase and more investors buy its debt in the local and international bond markets. Will politics ruin the ...

Fitch Ups Itabo to B,

Dominican Republic Corporate & Sovereign Strategy

Fitch has upgraded Dominican utility Empresa Generadora de Electricidad Itabo (Itabo) to B from B-, while also revising the outlook to positive. The agency cites the rece...

DomRep Builds $3bn Book

Dominican Republic Bonds

The Dominican Republic retapped its 7.50% 2021s for another $500m Thursday after the infrequent issuer saw its order book climb to $3bn in what was a positive day for the...

Issuers Prep Bonds in Volatile Market

Argentina Brazil Chile

Close to $2.5bn in new LatAm bond supply is sitting in the immediate pipeline, but whether much of that sees the light of day will depend on events in the broader markets...

DomRep Gets IDB Loan

Bonds Structured Finance Dominican Republic

The Dominican Republic will receive two loans totaling $78.3m from the IDB to support the construction of two wind farms. The projects will add a total of 80.6MW of produ...