Shearman And Sterling

News June 15, 2016

Shearman & Sterling Advises on the Province of Buenos Aires’ $1 Billion Notes Offering

Shearman & Sterling represented Citicorp Capital Markets S.A., HSBC Bank Argentina S.A. and Santander Río Valores S.A. as initial purchasers, and Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Santander Investment Securities Inc., as international purchasers, in connection with the issuance by the Province of Buenos Aires, a Province of the Republic of Argentina, of $500,000,000 principal amount of its 5.750% notes due 2019 and $500,000,000 principal of its 7.875% notes due 2027.

The Shearman & Sterling team included partner Antonia Stolper (New York-Capital Markets); associates Flavio Averbug (New York-Capital Markets), Jeffrey Tate (Washington, DC-Tax) and Adam Sternberg (New York-Tax); visiting attorney Gizeh Polo (New York-Capital Markets); and summer associate Roberto Rodriguez Allen (New York-Capital Markets).

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