IFLR1000

Republic of Argentina $7 billion sovereign bond issues

26/1/2016
Investment grade bond/note issue, Sovereign bond issue
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$ 7 billion

Completed

26/1/2016

Overview:

  • The Republic of Argentina has undertaken a $7 billion sovereign bond issue.
  • The issue consists of $3.25 billion 5.625% bonds due 2022 and $3.75 billion 6.875% bonds due 2027.
  • BBVA Securities, Citigroup Global Markets, Deutsche Bank Securities, HSBC Securities, JPMorgan Securities and Santander acted as joint bookrunners.
  • In April 2016, Argentina returned to the global capital markets with a $16.5 billion bond issue. This paved the way for more regular bond issues by the country. 

Rani Mehta - Journalist

Jurisdiction:

Argentina

Deal types:

Investment grade bond/note issue
Sovereign bond issue

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy

Firms:
A&O Shearman - United States

Party: BBVA Securities (Joint bookrunner)

Party: Citigroup Global Markets Ltd (Joint bookrunner)

Party: Deutsche Bank Securities (Joint bookrunner)

Party: HSBC Securities (Joint bookrunner)

Party: JP Morgan (Joint bookrunner)

Party: Banco Santander (Joint bookrunner)

Bruchou & Funes de Rioja

Party: Argentina (Issuer)

Lawyers: Hugo Bruzone, José María Bazán

Cleary Gottlieb Steen & Hamilton

Party: Argentina (Issuer)

Lawyer: Andrés de la Cruz

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