Syndicated Loans & Other Bank Financings

By representing such financial institutions, as well as borrowers, in the full scope of their financial activities in Argentina, our Firm enjoys an unparalleled knowledge of financing and banking issues.

Among the major transactions in which we have been involved in the last few years, we have assisted the lenders and the arrangers of a syndicated loan granted to Telecom Argentina S.A. for an amount of US$ 1 billion (in 2018); the Province of La Rioja and Banco Rioja S.A. in a loan in the amount of US$ 170 million granted to Parque Eólico Arauco S.A.P.E.M., a partnership of the provincial government and Energía Argentina S.A. (ENARSA), whose purpose is the commercialization of energy (in 2017), the syndicate of international banks that allowed the Argentine Central Bank (BCRA) to increase the level of its international monetary reserves (the transaction consisted a series of repurchase agreements of Bonar 2022, Bonar 2025 and Bonar 2027 bonds in the BCRA portfolio for an aggregate amount of US$ 5 billion for the purpose of bolstering foreign reserves and facilitating the BCRA’s capacity to confront external shocks and, thereby, avoid disruption in the local market) (in 2016), Inter-American Development Bank (IDB) in a US$ 130 million loan granted to Autopistas Urbanas S.A. (AUSA) (in 2015), and a syndicate of Chinese banks lead by China Development Bank Corporation and composed by Bank of China Limited and ICBC (Industrial and Commercial Bank of China Limited) in a US$ 4,714,350,000 15-year loan granted to the Republic Argentina for the construction of hydroelectric dams in the Province of Santa Cruz (in 2014).

Relevant Transactions