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News Jul 06, 2016

Shearman & Sterling Advises on Republic of Argentina’s $2.75 Billion Debt Securities Offering

Shearman & Sterling represented Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith, Incorporated, and Morgan Stanley & Co. LLC as initial purchasers in connection with the offering of US$2.75 billion of debt securities issued in two separate tranches of US$1 billion principal amount of its 6.625% bonds due 2028 and US$1.75 billion principal amount of its 7.125% bonds due 2036.

The following Shearman & Sterling team advised the initial purchasers in the transaction: partner Antonia Stolper (New York-Capital Markets); associate Naveen Pogula (New York-Capital Markets); and visiting attorney Lili Abascal (New York-Capital Markets).  Other Shearman & Sterling lawyers involved in the transaction were associates Jeffrey Tate (Washington, DC-Tax) and Kammy Lai (Washington, DC-Tax).

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