June 10, 2016

Milbank Represents the Initial Purchasers in the Province of Córdoba’s US$725M Bond Offering

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Milbank, Tweed, Hadley & McCloy LLP has represented J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC in the US$725 million offering of 7.125% Notes due 2021 by the Province of Córdoba in Argentina and concurrent tender offer for outstanding notes of the Province.

The Milbank team was led by partner Marcelo Mottesi, along with associates Mojdeh Pourmahram and Alex Barlow, and international attorney David Lopez Zorrilla.

Mr. Mottesi, head of Milbank’s Global Capital Markets practice and a member of the firm’s Latin America Group, said: “Milbank was pleased to assist the initial purchasers/dealer managers in the successful return by the Province of Córdoba to the international markets. We are very pleased to be very active in Argentina and expect more significant capital markets deals in the near term.”

Milbank also recently participated in offerings by the Province of Chubut and YPF.

About Milbank

Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.

Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.