IFLR1000

Province of Santa Fe $250 million 7% bond issue

23/3/2017
High-yield bond/note issue
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$ 250 million

Completed

23/3/2017

Overview:

  • The Province of Santa Fe, in Argentina has issued $250 million 7% bonds in the international capital markets.
  • The bonds are due in 2023. 
  • JPMorgan acted as global coordinator.
  • JPMorgan, Citigroup Global Markets, and HSBC Securities acted as joint bookrunners and initial purchasers.  
  • Nuevo Banco de Santa acted as local financial adviser. 
  • The bonds will be used to finance the execution of public investment projects in the province. 

Rani Mehta - Journalist 

Jurisdiction:

Argentina

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Government and public policy

Firms:
Bruchou & Funes de Rioja

Party: JP Morgan (Global coordinator, Joint bookrunner)

Party: Citigroup Global Markets (Joint bookrunner)

Party: HSBC Securities (Joint bookrunner)

Lawyer: Alejandro Perelsztein

CGSH International Legal Services

Party: Province of Santa Fe (Issuer)

Cleary Gottlieb Steen & Hamilton

Party: Province of Santa Fe (Issuer)

Lawyers: Andrés de la Cruz, Emilio Minvielle

Nicholson y Cano

Party: Province of Santa Fe (Issuer)

Lawyers: Carlos Marcelo Villegas, Emiliano R Silva

Simpson Thacher & Bartlett

Party: JP Morgan (Global coordinator, Joint bookrunner)

Party: Citigroup Global Markets (Joint bookrunner)

Party: HSBC Securities (Joint bookrunner)

Lawyer: Juan Méndez

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