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Emerging MarketsEM LatAm

Dominican Republic eyes pesos ahead of tax reform test

Dominican Republic, DomRep, DR, Santo Domingo, 575, LatAm, Caribbean

The Dominican Republic is likely to return to bond markets shortly with a local currency deal, after launching a tender offer for old bonds that is contingent on a new issue. Citi and JP Morgan are managing the liability management exercise — their fourth consecutive mandate with the Caribbean sovereign.

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