NEW YORK – May 18, 2020 – Global law firm Greenberg Traurig, LLP received the IFLR Americas Award 2020 for ‘Deal of Year’ in the loans category for representation of Aeropuertos Argentina 2000 S.A.
Greenberg Traurig attorneys represented Aeropuertos Argentina 2000, as borrower, in connection with a $120 million financing consisting of two concurrent dollar-denominated credit facility agreements, one with a group of onshore banks and another with a group of offshore banks. Both credit facilities are secured by local collateral and are subject to the terms of an inter-creditor agreement. The deal closed in August 2019.
According to its website, the IFLR awards recognize legal innovation in cross-border
transactions. To be considered, all deals must have closed in 2019. An IFLR team completes the research and an internal judging panel comprised of editors and journalists selects the winners.
The Greenberg Traurig attorney team was led by New York office Corporate Practice Shareholders Marc M. Rossell and Todd E. Bowen.
“We are excited to be recognized by IFLR for our representation of Aeropuertos Argentina 2000 in this complex transaction that involved the navigation of challenging regulatory considerations,” said Rossell, who is co-chair of the firm’s Latin America Practice. “This deal required an important amount of coordination and teamwork given the complexity involved with structuring a cross-border transaction in Argentina. We utilized an innovative structure that worked with both national tax and regulatory requirements while also imitating syndicated loan dynamics.”
About Greenberg Traurig’s Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices around the world, bringing together a multidisciplinary team of lawyers to help clients identify business opportunities in Latin America. The team, which includes lawyers who have been chief legal officers at major multinational companies, has wide-ranging experience representing U.S. and international clients who do business in Latin America, as well as advising Latin American clients on their business ventures in the United States. The firm’s experience throughout the region enables the team to offer clients local knowledge and resources in the legal aspects of market opportunities, investments, financing, access to capital markets, governmental strategies, or international dispute resolution.
About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has approximately 2100 attorneys in 41 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.