October 30, 2024

Milbank Advises Initial Purchasers on $325M Senior Notes Offering by Banco Galicia

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Milbank LLP represented the initial purchasers in connection with the $325 million offering of senior notes due 2028 by Banco de Galicia y Buenos Aires S.A.U (“Banco Galicia”).

Banco Galicia is a leading provider of financial services in Argentina as well as one of the nation’s largest full-service banks.

“We are pleased to have advised our clients on Banco Galicia’s successful return to the global markets, and are excited about the prospect of the markets opening up generally for Argentine companies,” said Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group. 

The Milbank deal team was led by Mr. Mottesi with Corporate Finance and Securities associates Gonzalo Guitart and Agustin Videla and international attorney Pamela Molina. The team also included Tax partner Andrew Walker and associate Michelle Song.