Financial Trust and Structured Financing Transactions

• Counsel for Banco Supervielle S.A. in the structuring of financial trusts Banex Credits VIII, IX, X, XI, XII, XIII, XIV, XV, XVI, XVII, XVIII and Supervielle Banex Credits XIX for a nominal amount of $626.000.000 for the securitization of loans to retirees and pensioners of ANSES and Province of San Luis under Banex Asset Backed Securities Program.

• Counsel for Banco Supervielle S.A. in the structuring of financial trusts Supervielle Personales I, II, y III for a nominal amount of $126.000.000 for the securitization of personal loans under “Supervielle Confiance” Program.

• Counsel for Deutsche Bank S.A. as trustee in the structuring of financial trusts Radar Serie 5 and 6, and Radar II for a nominal amount of $1.400.000.000 for the securitization of loans guaranteed by the federal government under the Global Securitization Program Radar of Banco BBVA Banco Francés S.A.

• Counsel for Deutsche Bank S.A. as trustee in the structuring of financial trusts “Cédulas Hipotecarias Argentinas Serie I,II, III y IV for a nominal amount $225.000.000.000 and other securitization under the Program “Cédulas Hipotecarias Argentinas” of Banco Hipotecario S.A.

• Counsel for Deutsche Bank S.A. as trustee in the structuring of the Global Program “SuperLetras Hipotecarias” of Banco Santander Río for a nominal amount of $200.000.000 and the issuance of Class I and Class II with a nominal amount of $190.000.000.

• Counsel for Banco de Valores S.A. in the structuring of the Global Notes Program “COTO” for a nominal amount of $200.000.000 for the securitization of loans generated by Tarjeta Coto Inteligente TCI and the issuance of series I for a nominal amount of $13.000.000.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of the financial trusts BHN I, BHN II, BHN III, BHN IV and BACS I for a nominal amount of U$S500.000.000 and the securitization of loans and mortgage of Banco Hipotecario S.A. 

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of trust notes program “Galtrust” of Banco Galicia and Buenos Aires S.A. for a nominal amount of US$1.000.000.000, the issuance of series I, II, III, IV y V for a nominal amount of U$S800.000.000 and the securitization of loans to Argentine provinces and mortgages notes of Banco de Galicia y Buenos Aires S.A.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of the Program “Hexagon” of HSBC Bank Argentina S.A and the issuance of Series 2 and 3, Exporters I and Fideiagro VII for a nominal amount of U$S650.000.000.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of the “Chase Argentine Collateral Trust” Program of JP Morgan- Chase Securities Inc for a nominal amount of U$S200.000.000 and the issuance of notes of Alto Paraná S.A. for a nominal amount of U$S200.000.000.

• Counsel for First Trust of New York as trustee in the structuring of the financial trust “Tarjeta Naranja” for the securitization of loans generated by “Tarjeta Naranja” and the issuance of series I, II, III y IV for a nominal amount of U$S120.000.000.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of the Program “GAIN” of Citicorp Capital Markets S.A. for a nominal amount of U$S750.000.000 and the issuance of GAIN Edenor series of the trust notes of Edenor S.A. for a nominal amount of U$S140.000.000.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of the Program “STARS” of Merrill Lynch and the issuance of series HPDA I, II, III y IV of the trust notes of Hidroeléctrica Piedra del Aguila S.A for a nominal amount of U$S300.000.000 and the series CRIBs of the trust notes of Transportadora Gas del Norte S.A for a nominal amount of U$S175.000.000.

• Counsel for First Trust of New York and US Bank Trust as indenture trustee in the structuring of the securitization programs of the credits cards “AEROCARD” and “CONDOR TRUST” of Aerolíneas Argentinas S.A. in the issuance of AEROCARD series A y B and Condor B for a nominal amount of U$S200.000.000.

• Counsel for a local Company in the creation of a trust for the structured financing of the export of meat and leather by Credit Suisse First Boston.

• Counsel for Banco de la Provincia de Buenos Aires and the Province of Buenos Aires (PBA) in the creation and structuring of a financial trust - Fondo Fiduciario de Realización de Activos Provinciales (FOFRAP) - for the securitization of PBA’s tax receivables for a nominal amount of up to $780,000,000.

• Counsel for Banco de la Provincia de Buenos Aires and the Province of Buenos Aires (PBA) for PBA’s public offering of US$463,400,000 Structured Notes due 2007.

• Counsel for Financial Trust Furia I’s public offering of Structured Notes to Smith Barney Inc.

• Counsel for Molinos Río de la Plata S.A. in the structuring of its warranty program.

• Counsel for Sociedad Anónima Importadora y Exportadora de la Patagonia de Galicia Capital Markets S.A.’s public offering of Structured Notes.

• Counsel for Molinos Río de la Plata S.A’s Future Export Receivables Trust’s public offering of Structured Notes.

• Counsel for The Argentine Fund’s (for Sullivan & Cromwell) public offering of Structured Notes.

• Counsel for Provincia de Tucumán’s public offering of Structured Notes warranted with joint participation funds (for Bansud and Bear Sterns & Co.).

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

• Counsel for a bridge loan for US$120.000.000 and floating rate bonds for $150.000.000 due 2002 for an Argentinean borrower warranted by a trust as guarantee (for Chase Securities Inc. acting as lender).

• Counsel for Banca Nazionale del Lavoro in the structuring of IRSA’s public offering of notes for US$43.500.000.