A&O Shearman Advises Córdoba, Argentina, on US$800 Million Bond Issuance and Tender Offer

A&O Shearman represented Argentina’s Province of Cordoba in connection with its offering of USD800 million 8.600% Notes due 2035 and concurrent tender offer for its U.S. Dollar Step-Up Notes due 2027.

The Province of Cordoba intends to use the proceeds from the sale of the notes for the repurchase of the U.S. Dollar Step-Up Notes due 2027, and the remainder to finance infrastructure projects or repay existing liabilities.

In 2025, A&O Shearman advised the Province of Cordoba in connection with its offering of USD750m notes and in January 2026, advised the Republic of Chile in connection with its EUR/USD dual currency bond offerings, including a new biodiversity key performance indicator.

The A&O Shearman team was led by New York-based Capital Markets partner Alejandro A. Gordano alongside Capital Markets visiting attorneys Moises Gonzalez Arroyo and Teresa Zuniga and associate Gonzalo Robles, as well as partner Tax partner Lorenz Haselberger and Tax associate Edgardo Martinez Gastelum.

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