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News Oct 20, 2016

Shearman & Sterling Advises on the Province of Buenos Aires’ $750 Million Notes Reopening

Shearman & Sterling represented BBVA Banco Francés S.A., HSBC Bank Argentina S.A. and Merrill Lynch Argentina S.A. as initial purchasers, and BBVA Securities Inc., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as international purchasers, in connection with the reopening by the Province of Buenos Aires, a Province of the Republic of Argentina, of $250 million of its 5.750% notes due 2019 and $500 million 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); and visiting attorney Juan Vignolo (New York-Capital Markets).

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