We advised the placement agents on the issuance of Public Debt Securities of the Province of Buenos Aires for AR$206,325,296,113
On December 15, 2025, the Province of Buenos Aires issued ARS 206,325,296,113 Public Debt Securities due 2027 (the “Public Debt Securities”).
The Debt Securities, maturing on March 18, 2027, are to be repaid in full at maturity and accrue interest at a rate equal to the TAMAR rate plus a fixed margin of 5.50% per annum.
The Province of Buenos Aires will use the net proceeds from the issuance of the Debt Securities to finance the execution of public investment projects currently underway or expected to be initiated, and to repay public debt service.
Banco de la Provincia de Buenos Aires; Adcap Securities Argentina S.A.; Allaria S.A.; Banco Credicoop Cooperativo Limitado; Facimex Valores S.A.; Macro Securities S.A.U.; Max Capital S.A.; Puente Hnos. S.A. and Provincia Bursátil S.A. acted as placement agents for the transaction.
Legal Advisors to the Province
DLA Piper Argentina advised the Province of Buenos Aires, with a team composed of partner Justo Segura and associates Federico Vieyra and Mariana Carbajo.
Legal Advisors to the Placement Agents
Bruchou & Funes de Rioja‘s Banking & Capital Markets Department advised the placement agents with a team composed of partner Alejandro Perelsztein and associates Juan María Rosatto and Manuel Vergez Dinatale.
