Banco Hipotecario $150 million notes offering

Overview:

• Banco Hipotecario has issued $150 million of notes in the local and international capital markets.
• This was part of an $800 million global note program.
• Merrill Lynch and Itau BBA USA Securities acted as initial purchasers while Banco Itaú Argentina and BACS Banco de Crédito & Securitización acted as placement agents.
• Zang Bergel & Viñes (Carolina Zang, Carolina Arroyo) and Simpson Thacher & Bartlett (David Williams) advised the issuer.
• Shearman & Sterling (Antonia Stolper) and Salaverri Dellatorre Burgio & Wetzler Malbran (Roberto Lizondo) advised the placement agents and initial purchasers.

Rani Mehta - Journalist - Latin America