City of Buenos Aires $890 million bond issue

Overview:

• The city of Buenos Aires has issued $890 million in bonds as part of its $2.29 billion MTN Program.
• The notes will fund the purchase of notes related to an expired tender offer and will be used to finance infrastructure.
• Merrill Lynch Pierce Fenner & Smith, Deutsche Bank Securities and HSBC Securities acted as book-runners.
• Linklaters (Conrado Tenaglia, Matt Poulter) and Bruchou Fernández Madero & Lombardi advised the book-runners.
• Muñoz de Toro advised the city of Buenos Aires.

Rani Mehta - Journalist - Latin America