News & Events

The Firm recently represented Banco Hipotecario S.A. in an offering of Ps.6,300,000,000 principal amount of its Floating Rate Notes due 2022. The notes were issued under the Bank’s US$1.5 billion (or equivalent in other currencies) Global Note Program. The offering was conducted in reliance on Rule 144A and Regulation S.

Banco Hipotecario is a full-service commercial bank that offers a range of banking products and related financial services to individuals, small- and medium-sized enterprises and large corporations. All of Banco Hipotecario’s activities are carried out in Argentina, where it operates through a nationwide network of branches with additional points of sale across Argentina. Banco Hipotecario’s principal shareholders are the Argentine government and IRSA Inversiones y Representaciones S.A., a leading real estate company in Argentina with ADRs listed on the New York Stock Exchange.

The Simpson Thacher team included David Williams, Jaime Mercado and International Associate Josefa Rodriguez (Capital Markets); and Jonathan Cantor and Pierce Pandolph (Tax).