General Financing, Credit and Debt Restructuring

We are currently providing legal advice to international and local clients in connection with mergers and acquisitions in the financial services, retail, real estate, power and utilities industries as well as on several financing transactions. 

• Counsel to Barclays as Global Coordinator in the Republic of Argentina´s sovereign debt exchange for approximately US$18.7 billion.

• Regional counsel for GP Investments for the US$600 millions financing for the acquisition of Pride Latin American assets (Marcelo Etchebarne).

• Counsel for Empresa Distribuidora de Electricidad de Mendoza S.A. (EDEMSA) and the Province of Mendoza for the exchange of approximately US$165 million of existing notes and bank debt (Marcelo Etchebarne).

• Counsel for Barclays Capital for the additional exchange of the Province of Mendoza’s Aconcagua Bond (Marcelo Etchebarne).

• Counsel for JP Morgan Chase in the US$250 million debt restructuring of the Province of Mendoza (Marcelo Etchebarne).

• Counsel for Banco Galicia, Compagnie Belge of the WestLB and Banco Regional of Cuyo in the debt restructuring of Empresa Distribuidora de Electricidad de Mendoza S.A. (Marcelo Etchebarne). 

• Counsel for Citigroup for the debt restructuring of 16 bonds in default issued by the Province of Buenos Aires for approximately US$3 billion (Marcelo Etchebarne).

• Counsel for UBS, Barclays Capital, Morgan Stanley and Goldman Sachs in relation to their contract as financial advisors for Stage II of the Republic of Argentina’s Public Debt Restructuring (Marcelo Etchebarne).

• Counsel for JP Morgan Chase in the US$500 million debt restructuring of MetroGas S.A. (Marcelo Etchebarne).

• Counsel for GE Capital Corporation in the restructuring of Capex S.A.'s financial debt.

• Counsel for Cargill, Inc. in the judicial restructuring of Compañía de Alimentos Fargo S.A.

• Counsel for GE Capital Corporation in the US$1.2 billion restructuring of Transportadora de Gas del Sur S.A.'s debt restructuring.

• Counsel for UBS Warburg in the Bidding Process for the Financial Advisor’s RFP for the Restructuring of the Argentine Sovereign Debt (Marcelo Etchebarne).

• Counsel for the Louis Dreyfus Group in the restructuring of Faplac S.A. financial debt.

• Counsel for GE Capital Corporation in the debt restructuring of Empresa Distribuidora de Electricidad del Norte S.A. and Empresa Distribuidora de Electricidad del Sur S.A.

• Counsel for UBS in the out-of-court financial restructuring of Compañía General de Combustibles S.A.

• Counsel for COTO C.I.C.S.A. in the restructuring of its financial obligations for US$60 million and in the negotiation of an initial deferral of a sindicated loan for US$175 million and bank loans of approximately US$40 million (Marcelo Etchebarne).

• Counsel to Wackenhut International, Inc. for a loan facility to finance the working capital requirements of Search Organización de Seguridad S.A.

• Counsel to Marubia Sudamericana S.A. and Marubia S.A in the negotiation and implementation of short term international financial facilities.

• Counsel for The Louis Dreyfus Group of Companies (London), Louis Dreyfus S.A. and Placas do Brasil in the international financing, structuring, negotiation in the United Kingdom and contractual instrumentation of a credit line for the construction of a plant in Brasil.

• Counsel for Credit Agricole Indosuez in a loan facility to Sucesores de Alfredo Williner S.A.

• Counsel for COTO C.I.C.S.A.’US$175 million syndicated loan arranged by JP Morgan Chase, RABOBANK International, Credit Suisse First Boston Corporation, Citibank N.A., Banco de Galicia y Buenos Aires S.A., BBVA Banco Francés S.A. and Banco Nación Argentina (Marcelo Etchebarne).

• Counsel for Harris Canada, Inc. in a US$ 30,000,000 secured loan facility granted to IMPSAT S.A. and IMPSAT´s companies in Brazil, Colombia, Ecuador and Venezuela.

• Counsel for Dyno do Brasil (brazilian-norwegian consortium), The Louis Dreyfus Group of Companies (London), Dreyfus S.A. in the international financing, structuring, negotiation in the United Kingdom and contractual instrumentation of revolving financial facilities.

• Counsel for Louis Dreyfus S.A. and Faplac S.A. in the structuring, negotiation and instrumentation of a convertible loan granted by the International Finance Corporation.

• Legal counsel for Louis Dreyfus S.A. and Faplac S.A. in the structuring, negotiation in Germany and instrumentation of a guaranteed loan with DEG-Deutsche Investitions.

• Legal counsel for Louis Dreyfus S.A. and Faplac S.A. in the structuring, negotiation both in Germany and Argentina, and instrumentation of a series of long term revolving facilities with Dresdner Bank Lateinamerika A.G.

• Provided comprehensive legal advice to Seagram & Sons in the structuring, negotiation and instrumentation of agreements in the financing of Bodegas y Cavas de Weinert S.A.’s obligations.

• Counsel for Grupo Gualtieri S.A. in the negotiation and instrumentation of different international credit lines. 

• General legal counsel to Faplac S.A. (The Louis Dreyfus Group) in the structuring of a short term local credit facility for the construction in Argentina of a particle board plant ranked fifth world-wide measured by its production capacity.

• Counsel for a US$100,000,000 financing of a toll road project in the Province of Buenos Aires.

• Counsel for Azurix in the structuring, negotiation and instrumentation of a US$ 394,000,000 loan agreement by and between Azurix and Westdeutsche Landesbank Girozentrale.

• Counsel for Faplac S.A. and Louis Dreyfus et Cie in connection with a DM 46,000,000 credit facility granted by Dresdner Bank Lateinamerika AG to Faplac S.A. and related short term credit facilities.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee of Trust Notes for U$S140.000.000 in the debt restructuring of Edenor S.A.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee of Trust Notes for U$S300.000.000 in the debt restructuring of Hidroeléctrica Piedra del Aguila S.A.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee of Trust Notes for U$S175.000.000 in the debt restructuring of Transportadora Gas del Norte S.A.