Aeropuertos Argentina 2000 SA’s $120 Million Credit facility

Marval, O’Farrell & Mairal, Bomchil, Beccar Varela, Linklaters, Greenberg Traurig and Hinckley, Allen & Snyder advised on the transaction

Aeropuertos Argentina 2000 (AA2000) secured a three-year, $120 million debt facility from four banks to fund upcoming investments.

Banco Galicia, Citi, ICBC and Santander provided an $85 million “onshore” loan at a fixed rate of 9.75% per year and a $35 million “offshore” loan at 550bp over Libor.

The airport concessionaire backed the financing with 85% of all receivables from its cargo business.

Marval, O’Farrell & Mairal advised Banco Galicia, Citi, ICBC and Santander with a team including Roberto E. Silva, Martín I. Lanús and Agustín López Roualdès.

In US, Linklaters advised the banks with Conrado Tenaglia, Alberto García Linera, Erika Cabo and Madeleine Blehaut.

Bomchil advised AA2000 with Patricio Martín, María Victoria Funes, Iván Bovio Marenco and Vanina Fiszbein.

In US, Greenberg Traurig advised AA2000 with Marc Rossell, and Matthew Howes.

Estudio Beccar Varela advised Citibank Argentina acting as administrative agent with Daniel Levi and Felipe Videla.

In US, Hinckley, Allen & Snyder, LLP advised Citibank with Jonathan Winnick.

Involved fees earner: Daniel Levi – Beccar Varela; Felipe Videla – Beccar Varela; Matthew Howes – Greenberg Traurig; Marc Rossell – Greenberg Traurig; Jonathan Winnick – Hinckley, Allen & Snyder; Madeleine Bléhaut – Linklaters; Erika Cabo – Linklaters; Alberto García Linera – Linklaters; Conrado Tenaglia – Linklaters; Iván Bovio Marenco – M. & M. Bomchil; Vanina Fiszbein – M. & M. Bomchil; María Victoria Funes – M. & M. Bomchil; Patricio Martin – M. & M. Bomchil; Martín Lanús – Marval, O’Farrell & Mairal; Agustin Lopez Roualdes – Marval, O’Farrell & Mairal; Roberto Silva (h) – Marval, O’Farrell & Mairal;

Law Firms: Beccar Varela; Greenberg Traurig; Hinckley, Allen & Snyder; Linklaters; M. & M. Bomchil; Marval, O’Farrell & Mairal;

Clients: Aeropuertos Argentina 2000 S.A.; Banco de Galicia y Buenos Aires S.A.; Banco Santander Sa; Citibank; Citibank Argentina; Industrial and Commercial Bank of China;

Author: Ambrogio Visconti.