News & Events

The Firm represented Banco Hipotecario S.A. in its offering of Ps.6,078,320,000 aggregate principal amount of its Floating Rate Notes due 2020, Series No. 40, issued under a US$1 billion Global Note Program. The offering was conducted in reliance on Rule 144A and Regulation S.

Established in 1886 by the Argentine government and privatized in 1999, Banco Hipotecario is a full-service, inclusive commercial bank, offering a wide range of banking products and activities and related financial services to individuals, small and medium-sized companies and large corporations. All of Banco Hipotecario’s operations are located in Argentina, where it operates through a nationwide network of branches in all provinces and the City of Buenos Aires, with additional points of sale across Argentina. Banco Hipotecario’s principal shareholders are the Argentine government and IRSA Inversiones y Representaciones Sociedad Anónima, a leading real estate company in Argentina listed on the Mercado de Valores de Buenos Aires S.A. and on the New York Stock Exchange.

The Simpson Thacher team included David Williams, Eduardo Goldberg and Rodrigo Surcan dos Santos (Capital Markets); and Jonathan Cantor and George Davis (Tax). International Associate Juan Vial also provided valuable assistance.