Ashurst has closed its third Latin American restructuring in the past 12 months, having advised on the rescue of $950m (£520m) of debt issued by Banco Hipotecario of Argentina.
This is the third time that Ashurst has been instructed by Wells Fargo Bank Minnesota to act as English counsel to it in the US bank’s role as trustee delegate to Argentine restructurings. In this latest transaction, the firm was instructed to advise Wells Fargo on the restructuring of a series of bonds issued by the Argentine bank under English law.
