Economy

Economy March 4, 2015 | 10:06 am

Dominican Republic’s top bank, hotel group announce US$100M bond

Santo Domingo.- Spanish company Meliá Hotels International and Dominican Republic Popular bank group on Wednesday announced the hospitality industry’s first corporate bond issue in the country, structured and distributed by the bank’s stock broker Inversiones Popular.

The amount of the program, which will be structured in successive issues on demand of the hotel, could top US$100... Read more