Dominican Republic Announces Bond Buyback Offer
The Dominican Republic has announced an offer to repurchase certain outstanding bonds from holders. The buyback is not conditional on minimum participation but depends on the completion of a new debt issuance, which will be governed by New York law and denominated in U.S. dollars. Under the terms outlined in the Offer Document dated September 15, 2026, the government may adjust or terminate the offer at its discretion without prior notice to participants. The purchase price for each bond is specified per $1,000 principal amount and includes accrued interest from the last payment date up until settlement. The Republic has also introduced a priority allocation code system that allows holders who tender bonds to potentially subscribe for new notes issued as part of this transaction.