Marval, M. & M. Bomchil, Beccar Varela, Cadwalader, Greenberg Traurig, and Alston & Bird were instructed on the $400 million issuance.
Aeropuertos Argentina 2000 is the country´s largest airport concessionaire. The company operates and manages 33 of the 54 airports in Argentina, including the two largest.
Oppenheimer & Co and Morgan Stanley acted as initial purchasers of the transaction, while Macro Securities acted as Argentine placement agent of the bonds. Citibank acted as indenture trustee while its Argentine branch acted as local collateral trustee.
The transaction included the issuance of senior secured notes with maturity at 10 years for an aggregate amount of $400 million under Regulation S and Rule 144A. It was authorized for public offering by the Comisión Nacional de Valores (the Argentine Securities Commission) and is listed in the Mercado de Valores de Buenos Aires and Mercado Abierto Electrónico. Its listing was also requested in the Luxembourg Stock Exchange for trading in the Euro MTF Market. N
Oppenheimer & Co and Morgan Stanley instructed a team at Marval, O’Farrell & Mairal led by partner Roberto Silva. The banks retained Cadwalader, Wickersham & Taftas their US counsel.
Aeropuertos Argentina 2000 worked with M. & M. Bomchil Abogados in Argentina and Greenberg Traurig in the US.
Partners Pablo Torretta and Maximilano D’Auro led the team at Estudio Beccar Varela which advised the trustee and the Argentine collateral trustee on local law. Alston & Bird were New York counsel to the trustee.