Cleary Gottlieb Steen & Hamilton represented a group of underwriters in a $400 million equity offering by BBVA Banco Francés S.A., a leading Argentine bank, that will allow the bank to take advantage of growth opportunities in the Argentine financial sector. Davis Polk & Wardwell advised BBVA Banco Francés.
The transaction consisted of a global equity offering of 65.2 million shares in the U.S. and abroad, in the form of 21.7 million American depositary shares, totaling $344.5 million, with a concurrent offering in Argentina of 3,201 shares totaling about $17,000.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
