Simpson Thacher instructed on Banco Macro’s offering

Simpson Thacher advised Goldman Sachs and UBS, as initial purchasers, in the $400 million offering of 6.75% Subordinated Resettable Notes due 2026 issued by Banco Macro. 

Banco Macro is the second largest private bank in Argentina, and the sixth-largest by deposits and lending.

The notes will qualify as Macro’s Tier II Regulatory Capital and was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.

Partner Juan Francisco Méndez led the Simpson Thacher team acting for Goldman Sachs and UBS.

Ignacio Abella