DLA Piper guides Province of Buenos Aires on issuance of public debt securities

DLA Piper advised Argentina’s Province of Buenos Aires on AR$206 billion public debt securities due 2027.

The Province of Buenos Aires will use the net proceeds to finance public investment projects currently underway or expected to be initiated and to repay public debt service. The debt securities, maturing on March 18, 2027, are to be repaid in full at maturity and accrue interest at a rate equal to the TAMAR rate plus a fixed margin of 5.50 percent per annum.

The DLA Piper team representing the Province of Buenos Aires included Partners Justo Segura and Associates Federico Vieyra and Mariana Carbajo (all Buenos Aires).

DLA Piper in Latin America’s team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all our clients’ legal and business needs, whether they are based in Latin America or wish to do business there. For more information, visit Latin America | DLA Piper.