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Cleary Gottlieb Advises Argentina $9 Bln Repo, Loans
Milbank, Simpson Thacher, Skadden advise LatAm finance work.
BY LATINVEX STAFF
Cleary Gottlieb represented Argentina’s Central Bank in a new round of bilateral repurchase agreement (repo) transactions with nine international banks, and a bilateral total return swap (TRS) transaction with one international bank, for an aggregate amount of $6 billion and the Republic of Argentina in two landmark credit facilities totaling $3.2 billion, each supported by guarantees from multilateral development institutions; Milbank advised $733 million loan for water and energy company Cox Asset México; Simpson Thacher advised $320 million loan to Iochpe Maxion Austria GmbH and Maxion Wheels de Mexico and Skadden is advising new Diversified Payment Rights (DPR) series for Ecuador-based Banco Bolivariano through a syndicated facility of up to $100 million.
Keywords: Argentina, Cleary Gottlieb, Ecuador, Finance, Mexico, Milbank, Simpson Thacher, Skadden
