Dentons, the global law firm, successfully advised Stifel, Nicolaus & Company Incorporated, Jefferies LLC and Drexel Hamilton, LLC as bookrunners and initial purchasers on a sovereign bond issued by the Dominican Republic. The Rule 144A/Regulation S offering of US $500 million 5.950 percent Bonds is due in 2027 by the Dominican Republic. The bonds constitute an additional issuance of US $1.2 billion bonds issued by the Dominican Republic in January 2017, and are expected to be admitted to trading on EuroMTF. The transaction launched and priced on June 13, 2017 and closed on June 20, 2017.

The bonds are general government obligations of the Dominican Republic and the net proceeds of the issuance will be used to finance the completion of a thermal power plant at Punta Catalina, in the Dominican Republic.

"We are pleased to secure this outcome for our clients and look forward to their continued success," said Joe Mantilla, senior managing director at Dentons. "By leveraging Dentons' global platform, we are well-positioned to continue working on bond issuance matters across Latin America."

The Dentons team advising Stifel, Nicolaus & Company Incorporated, Jefferies LLC and Drexel Hamilton, LLC included: Joe Mantilla, senior managing director, Washington, DC; Cameron Half, partner, London; Estrellita Ramirez, associate, London; Steve Berson, partner, Atlanta/New York City; and John Harrington, partner, Washington, DC.