Market: Argentina

Five firms help province of Córdoba restructure US$1.7 billion

Argentina’s second most populated province, Córdoba, has called on Shearman & Sterling LLP in New York and Washington, DC and Tavarone, Rovelli, Salim & Miani in Buenos Aires to restructure US$1.7 billion worth of foreign debt.

02 February 2021

Martínez de Hoz stars in Equinor-YPF oil block sale to Shell

Martínez de Hoz & Rueda in Buenos Aires has helped Norwegian oil company Equinor divest a minority stake in an Argentine offshore oil field, which it jointly owns with local counterpart YPF, to Shell.

02 February 2021

Argentine footballer settles dispute over image rights

Argentine footballer and Juventus striker Paulo Dybala has settled an International Chamber of Commerce (ICC) arbitration worth around €35 million (US$42 million) with his former agent over image rights, a dispute that reportedly scuppered potential moves to English clubs Tottenham Hotspur and Manchester United.

28 January 2021

Several LatAm firms in worldwide Fiat-Peugeot merger

Sullivan & Cromwell LLP in London and New York and three Linklaters offices have helped Fiat Chrysler Automobiles and Peugeot, respectively, in their US$38 billion global merger, which also called on several Latin American law firms.

25 January 2021

Mercado Libre joins the list of LatAm sustainable bond issuers

Four Cleary Gottlieb Steen & Hamilton LLP offices and a group of Latin American law firms have helped Argentine e-commerce company Mercado Libre raise US$1.1 billion in an inaugural international debt tap, which included a tranche of sustainability-linked bonds worth US$400 million.

22 January 2021

Marval O’Farrell steers winning Argentine metro bid

Marval O'Farrell Mairal has helped a local consortium win a bid to operate the Buenos Aires underground Subte for the next 12 years.

22 January 2021

Telefónica sells assets to American Tower in US$9.4 billion deal

US telecoms infrastructure company American Tower has hired three Allen & Overy LLP offices, Marval O'Farrell Mairal in Buenos Aires, Brazil’s Pinheiro Neto Advogados and DLA Piper LLP in Santiago and Lima to acquire the communication tower division of Telefónica’s subsidiary Telxius for US$9.4 billion.

19 January 2021

Argentine province Río Negro to save US$190 million after restructuring

Linklaters in New York and Tanoira Cassagne Abogados in Buenos Aires have helped Río Negro restructure US$300 million worth of foreign debt, which will save the Argentine province more than US$190 million.

18 January 2021

Argentine criminal court keeps country’s enforcement efforts on track

A 2020 ruling by Argentina’s top criminal court reaffirming the constitutionality of its cooperating defendant law has prevented the derailment of the country’s biggest corruption case and the stifling of its financial crime enforcement.

18 January 2021

Sandvik relies on LatAm firms for global mining deal

Multiple Norton Rose Fulbright offices and a slew of Latin American law firms have helped Swedish engineering company Sandvik acquire multinational mining solutions company DSI Underground from European investor Triton for 943 million euros (US$1.1 billion).

15 January 2021

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