Cabanellas Etchebarne Kelly & Dell'Oro Maini gains the attention of peers with its active practice in sovereign debt restructuring. However, sources noted that the firm has expanded its banking and finance practice into other areas....
[more]
Cabanellas Etchebarne Kelly & Dell'Oro Maini gains the attention of peers with its active practice in sovereign debt restructuring. However, sources noted that the firm has expanded its banking and finance practice into other areas. "They have many more deals than you'd expect," notes one practitioner.
The firm was busy last year counselling Barclays as the global coordinator of an $18.7 billion sovereign debt restructuring for the Republic of Argentina. Cabanellas played an important role in designing the transaction (planning for the deal started back in 2008). Additionally, the firm acted as the lead negotiator of the deal with the Argentine government. Partner Marcelo Etchebarne spearheaded the transaction.
The firm also acted as counsel to the Province of Buenos Aires as it offered $550 million-worth of notes due in 2015, reopened $250 million worth of notes due in 2015, and offered $750 million worth of notes due in 2021.
[hide]