LATIN LAWYER | Zang Bergel and PAGBAM agree Hipotecario issue

Zang, Bergel & Viñes Abogados has helped regular client Banco Hipotecario issue three series of notes collectively worth 1.4 billion pesos (US$87.5 million).

The placement closed on 8 May.

The offering was directed to the domestic market, with the notes listed on the Mercado de Valores de Buenos Aires through the Buenos Aires Stock Exchange.

Banco Hipotecario, BACS Banco de Crédito y Securitización, Banco de Galicia y Buenos Aires, Banco Itaú Argentina and Banco Santander Río acted as placement agents. Banco Hipotecario (in its role as placement agent) and BACS Banco de Crédito y Securitización worked with Zang Bergel, while the remaining placement agents hired Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h).

Counsel to Banco Hipotecario and BACS Banco de Crédito y Securitización Zang, Bergel & Viñes Abogados

Partner Carolina Zang and associates Cecilia Pasman, Martín Tolivia and Nicolás Falabella

Counsel to Banco de Galicia y Buenos Aires, Banco Itaú Argentina and Banco Santander Río

Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h)

Partners José Martínez de Hoz (nieto) and Diego Serrano Redonnet, and associates Martin Chindamo, Agustina Houlin and Luisina Luchini