January 18, 2017 / 2:02 PM / 7 months ago

Dominican Republic sets IPTs on new 10-year bond

By Davide Scigliuzzo
    NEW YORK, Jan 18 (IFR) - The Domunican Republic set initial
price thoughts of low 6% on a new US dollar-denominated 10-year
bond, according to two market sources on Wednesday.
    JP Morgan is bookrunner on the 144A/Reg S issue, which is
expected to price later in the day. Local bank BanReservas is
co-manager on the offering.
    
 SIZE         MATURITY   IPTs
 Benchmark    10 yr      Low 6%
 
 (Reporting by Davide Scigliuzzo and Natalie Harrison; Editing
by Marc Carnegie)

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