Shearman And Sterling

News Jan 26, 2017

Shearman & Sterling Advises on the Republic of Argentina’s Offering of $7 Billion in Debt Securities

Shearman & Sterling represented BBVA Securities Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and Santander Investment Securities Inc. as initial purchasers in connection with the offering of US$7 billion of debt securities issued in two separate tranches of US$3.25 billion principal amount of its 5.625% bonds due 2022 and US$3.75 billion principal amount of its 6.875% bonds due 2027.

The following Shearman & Sterling team advised the initial purchasers in the transaction: partner Antonia Stolper (New York-Capital Markets); counsel Alejandro Gordano (London-Capital Markets); and visiting attorney Juan Vignolo (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).

Regional Experience