Pellerano & Herrera The Pellerano & Herrera Foundation

Pellerano & Herrera advised on US$1.2 billion sovereign bond offering

Published on:

Pellerano & Herrera represented J.P.Morgan Securities LLC in the US$1.200 billion bond offering by the Dominican State due 2027 at a 5.95% rate. Investment bank J. P. Morgan Securities LLC served as initial purchaser and Banco de Reservas de la República Dominicana as Co-Manager. Pellerano & Herrera’s team was led by partner Luis R Pellerano and Ricardo Pellerano N., associate.

The sovereign bond issuance corresponds to this year’s Financing Plan, duly consigned in Law No. 690-16, which approves the General State Budget for 2017 and will serve to finance this year’s estimated deficit.

Pellerano & Herrera is the only Dominican law firm that has advised on bond offerings by the Dominican State. Simpson Thacher & Bartlett served as international counsel for J.P. Morgan Securities LLC and Cleary Gottlieb Steen & Hamilton served as counsel for the Dominican State.

How can we help?

Please, let us know. Your inquiries or comments will be responded to as soon as possible.
Message sent. We've received your inquiry and someone from our team will follow up with you as quickly as possible. Message not sent. An error ocurred. Please, send us an email to
The use of this form for communication with the firm or any individual member of the firm does not estabilish an attorney-client relationship.