Telecom Argentina’s $1 Billion Syndicated Loan

Cleary Gottlieb & Steen Hamilton, Errecondo, González & Funes, Linklaters and Bruchou, Fernández Madero & Lombardi advised on the transaction

Telecom Argentina S.A. secured a $1 billion syndicated loan from a consortium including Citibank, N.A., HSBC México, S.A., Industrial and Commercial Bank of China Limited, JPMorgan Chase Bank, N.A. and Banco Santander, S.A.

Proceeds will be used as working capital.

Telecom Argentina SA provides telecommunications services including local, long-distance and international service in Argentina. The Company, led by Carlos Alberto Moltini, Gabriel Pablo Blasi and Gonzalo Hita, in 2016 recorede $3.617 Billion revenues.

Cleary Gottlieb & Steen Hamilton advised Telecom Argentina S.A. with Chantal Kordula (Picture), Andrés de la Cruz, Paul Marquardt, Erika Nijenhuis, Jim Corsiglia, Karen Maulhardt, Anne Rhodes and Benjamín Terán.

In Buenos Aires, Errecondo, González & Funes advised Telecom Argentina S.A. with Baruki González, Facundo Goslino, Delfina Lynch and Pedro Torassa.

Linklaters advised Citibank, HSBC México, S.A., Industrial and Commercial Bank of China Limited, JPMorgan Chase Bank, Banco Santander, S.A. and Citigroup Global Markets Inc. with Conrado Tenaglia, Michael Basset, Francisco Sainz-Trápaga, Matthew Brigham and Philip Jaworskyj.

Bruchou, Fernández Madero & Lombardi advised Citibank, HSBC México, S.A., Industrial and Commercial Bank of China Limited, JPMorgan Chase Bank, Banco Santander, S.A. and Citigroup Global Markets Inc. with Alejandro Perelsztein, Pablo Schreiber and Facundo Sainato.

 

Involved fees earner: Alejandro Perelsztein – Bruchou, Ferna?ndez Madero & Lombardi; Pablo Schreiber Nisim – Bruchou, Ferna?ndez Madero & Lombardi; Facundo Sainato – Bruchou, Ferna?ndez Madero & Lombardi; Baruki González – Errecondo, Gonzalez & Funes ; Facundo Goslino – Errecondo, Gonzalez & Funes ; Delfina Lynch – Errecondo, Gonzalez & Funes ; Conrado Tenaglia – Linklaters; Michael Bassett – Linklaters; Francisco Sainz-Trápaga – Linklaters; Matthew Brigham – Linklaters; Philip Jaworskyj – Linklaters; Andrés De la Cruz – Cleary Gottlieb Steen & Hamilton; Chantal Kordula – Cleary Gottlieb Steen & Hamilton; Benjamin Mario Teran – Cleary Gottlieb Steen & Hamilton; Karen Maulhardt – Cleary Gottlieb Steen & Hamilton; Paul Marquardt – Cleary Gottlieb Steen & Hamilton; James Corsiglia – Cleary Gottlieb Steen & Hamilton; Erika Nijenhuis – Cleary Gottlieb Steen & Hamilton; Anne Rhodes – Cleary Gottlieb Steen & Hamilton;

Law Firms: Bruchou, Ferna?ndez Madero & Lombardi; Errecondo, Gonzalez & Funes ; Linklaters; Cleary Gottlieb Steen & Hamilton;

Clients: Citibank; Citigroup Global Markets Ltd; Industrial and Commercial Bank of China; Banco Santander Sa; JPMorgan Chase & Co.; HSBC Mexico SA; Telecom Argentina SA;

 

Avatar

Author: Ambrogio Visconti.