Shearman & Sterling Advises on the Province of Buenos Aires’ $1.5 Billion Notes Offering
Shearman & Sterling represented BBVA Banco Francés S.A., BNP PARIBAS Sucursal Buenos Aires and JP Morgan Chase Bank N.A. Sucursal Buenos Aires, as initial purchasers, and BBVA Securities Inc., BNP Paribas Securities Corp. and J.P. Morgan Securities LLC, as international purchasers, in connection with the Province of Buenos Aires’ (a Province of the Republic of Argentina) issuance of $750 million of its 6.500% notes due 2023 and a re-opening of $750 million of its 7.875% notes due 2027.
The Shearman & Sterling team included partner Antonia Stolper
(New York-Capital Markets); counsel Jeffrey Tate
(Washington, DC-Tax); associate Adam Sternberg (New York-Tax); and visiting attorney Juan Vignolo (New York-Capital Markets).