Aegap,
I still stand by me previous comment. I think this is a positive developemnt. The country already has a sovereign benchmark for credit. Now the corporate sector is slowly developing one which will be useful, as a reference, for local and external corporate issuances.
I would not be surprised if more local companies decide to come to market now that Cap Cana has done it. Remember, the buyers of these issues prefer companies with US$ earning power, and not many sectors of the Dominican economy check this box (at least for now).
Note: This is my personal opinion, an should not constitute investment
advice. E-mail me at my personal address if you want to develop a dialogue.
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