New Issue: Dominican Republic sells $1 billion 5 7/8% notes due 2024 at par

By Christine Van Dusen

Atlanta, April 11 - The Dominican Republic printed $1 billion 11-year notes at par to yield 5 7/8%, a market source said.

The notes were talked at a yield in the 6¼% area.

Citigroup and Deutsche Bank were the bookrunners for the Rule 144A and Regulation S deal.

Issuer:	Dominican Republic
Amount:	$1 billion
Maturity:	April 18, 2024
Description:	Notes
Bookrunners:	Citigroup, Deutsche Bank
Coupon:	5 7/8%
Price:	Par
Yield:	5 7/8%
Trade date:	April 11
Settlement date:	April 18
Distribution:	Rule 144A and Regulation S
Price talk:	6¼% area

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