TCA counsels on issuance of Treasury Bills of Tierra de Fuego Province
Tanoira Cassagne Abogados has advised on the first issue by the Province of Tierra del Fuego, of Treasury Bills Series I for a total amount of $3.624.000.000 Argentine pesos, divided in 3 Classes with maturity at 30, 60 and 180 days respectively, within the framework of the Treasury Bills Issue Program for the year 2022, for an outstanding face value of up to $7.000.000.000 Argentine pesos.
The issue was made on 27 May 2022, where the Treasury Bills Series I were guaranteed with funds from the Federal Tax Sharing Regime.
Banco de Servicios y Transacciones, together with Puente Hnos acted as co-arrangers and co-placement agents; while Banco Patagonia and Adcap Securities Argentina acted as co-placement agents.
TCA’s team was led by partners Alexia Rosenthal (pictured top left) and Jaime Uranga (pictured top right), with the support of associates Juan Sanguinetti (pictured bottom left), Pilar Domínguez Pose (pictured bottom centre) and Rodrigo Cordoba (pictured bottom right).