Dominican Republic in Bond Offering

May 6, 2010

Cleary Gottlieb represented the Dominican Republic in a 144A/Reg. S offering of $750 million of 7.500% amortizing bonds due 2021. The transaction closed on May 6.

The Dominican Republic’s last bond offering had taken place in 2006, also with Cleary Gottlieb’s assistance. This new offering is the largest sovereign offering made by the country.