S&C’s Work on Buenos Aires’ Debt Restructuring Recognized in LatinFinance Deals of the Year

March 3, 2022

Buenos Aires’ restructuring of more than $7 billion in foreign debt won “Subnational Deal of the Year” at the 2021 LatinFinance Deals of the Year Awards. S&C advised Bank of America and Citigroup Global Markets as dealer managers on the transaction, which will save Buenos Aires approximately $4.5 billion in debt service payments between 2020 and 2024. Chris Mann, Werner Ahlers, Jeff Hochberg, Robert Risoleo and Walter Piazza advised on the deal.