The Province of Buenos Aires successfully issues bonds in the international capital markets

On October 20, 2016, the Province of Buenos Aires (the "Province"), a province of the Republic of Argentina, successfully issued in the international capital markets 5.750% New Notes due 2019 for an aggregate principal amount of USD 250 million (the "New 2019 Notes") and 7.875% New Notes due 2027 for an aggregate principal amount of USD 500 million (the "New 2027 Notes" and, together with the New 2019 Notes, the "New Notes"). 

BBVA, HSBC and Merrill Lynch acted as purchasers in connection with the issuance of the Notes.

U.S. Bank National Association acted as trustee, paying agent, transfer agent and registrar. Société Generale Bank & Trust acted as Luxembourg listing agent, paying agent and transfer agent. 

The Province was assisted by the Legal and Financial Analysis office of the Debt and Public Credit office of the Province through a legal team composed by María Ortale, Andrea Plano, Valeria Rafanelli and Paloma Miranda.

Cleary Gottlieb Steen & Hamilton acted as United States counsel to the Province through a team led by partner Juan Giráldez, associates Juan Ignacio Mollis and Daniel Hanna and international lawyers Carlos Gonzalez and Mariano Sierra.

Cabanellas Etchebarne Kelly acted as Argentine law counsel to the Province through a team led by partner Marcelo Etchebarne, member Justo Segura and associates Nicolás Aberastury and Lucía Farrando.

Shearman & Sterling acted as United States counsel to the purchasers through a team led by partner Antonia E. Stolper, associates Flavio Averbug, Jeffrey Tate, Adam Sternberg and international associate Juan Vignolo. 

Bruchou, Fernández Madero & Lombardi acted as Argentine law counsel to the purchasers through a team led by partner Alejandro Perelsztein and associates Leandro Belusci, Agustín Bauer and Guido Meirovich.

Jones Walker acted as counsel to the trustee through a team composed by partners Scott Zander and Wish Ziegler.