The Republic of Argentina announced that it had successfully concluded the process of restructuring its debt issued under foreign law for a total amount of approximately US$ 66 billion. As announced, the required consents have been obtained to restructure approximately 99% of the total outstanding principal amount of all series of eligible bonds.
Perez Alati, Grondona, Benites & Artnsen (PAGBAM) has advised the Argentina Creditor Committee (ACC) on matters related to Argentine law, through a team formed by partner Diego Serrano Redonnet and associate Nicolás Aberastury.
The Clifford Chance team that advised ACC on matters related to United States and United Kingdom laws was co-led by partner Deborah Zandstra in London and partners Hugo Triaca and Jon Zonis in New York. The team also included Andrew Yianni, Phoebe Bower and Grace Cameron.