Argentina Bond Offering
With its epic bondholder litigation nearing resolution, Argentina called on longtime counsel Cleary Gottlieb Steen & Hamilton to guide its re-entry into global capital markets with a $16.5 billion bond offering. The sale, which closed on April 22, came after Argentina was shut out of international debt markets for roughly 15 years, following a 2001 default on about $80 billion in sovereign debt.
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