Linklaters Advises Banco Macro S.A. on $400 Million Note Offering and Concurrent Tender Offer

Linklaters advised Banco Macro S.A., one of the leading private banks in Argentina, on its offer to purchase for cash any and all of the outstanding 6.750% subordinated resettable notes due 2026 issued by Macro.

The offer related to notes with an original aggregate principal amount of $400 million and was undertaken in conjunction with Macro’s issuance of $400 million 8.000% senior unsecured notes due 2031 under its $1.5 billion global medium-term note program.

The Linklaters deal team was led out of São Paulo and New York by Partners Matthew Poulter and Emilio Minvielle, alongside Associate Thomas Lemouche and Staff Attorney Juan Ignacio Itzaina.

The team, spanning our New York, Washington, D.C., São Paulo, and Luxembourg offices, also included Capital Markets support from Partner Melinda Perera and Associate Maëva N’Zogho, and Tax support from Partner Gabriel Grossman and Associate Flavio Amorim.

Linklaters’ lawyers have practiced in Latin America for decades and the firm was one of the first international firms to open an office in Brazil in 1997. With a growing team of Latin America-focused lawyers across the firm’s New York, Washington, D.C., and São Paulo offices, as well as the Mexico group, the firm continues to increase its presence in the region and deepen existing relationships with leading local law firms. Linklaters is highly ranked across key Latin America legal directories, including Chambers, Legal 500, and Latin Lawyer.