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A&O Shearman advises Aeropuertos Argentina on USD400 million senior secured notes offering

A&O Shearman advises Aeropuertos Argentina on USD400 million senior secured notes offering
A&O Shearman advised Aeropuertos Argentina 2000 S.A. ("Aeropuertos Argentina") on its offering of USD400m 8.000% senior secured notes due 2036. The notes are secured by an umbrella trust over certain airport fee and concession rights, together with pledges over certain accounts. 

Aeropuertos Argentina is the largest airport concessionaire in Argentina, holding rights to use, operate and manage 35 of the 57 airports in the Argentine national airport system, including the two largest airports in Argentina, Aeropuerto Ministro Pistarini (Ezeiza) and Aeroparque Jorge Newbery.

Aeropuertos Argentina intends to use the proceeds to refinance indebtedness, and for capital expenditures and working capital.

The A&O Shearman team was led by New York-based capital markets partner Alejandro A. Gordano and included capital markets associate Hugo Casella, visiting attorney Ines Espina, as well as tax partner Lorenz Haselberger and tax associates Daniel Kachmar and Edgardo Martinez Gastelum.

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