Davis Polk instructed on $300 million offering by Banco Supervielle
Davis Polk advised the initial purchasers on a Rule 144A/Regulation S offering by Banco Supervielle.
The offering consisted of an aggregate principal amount of approximately ARS 4.8 billion ($300 million) Series A floating-rate notes due 2020.
Banco Supervielle is Argentina´s fifth-largest private domestically controlled bank.
Grupo Supervielle, the holding company of the bank, completed its international IPO in May 2016.
Partner Nicholas A. Kronfeld led the Davis Polk advising the initial purchasers.