Justo Segura

Practice Areas

Banking & Finance

Capital Markets

Restructuring

Career

Justo Segura advises public and private sector clients, including sovereign and sub-sovereign entities, corporations, banks and financial organizations in capital markets, corporate finance, debt restructuring, liability management transactions and general law matters. He has also been involved in local and international litigation matters, including pro bono work.

He was an international lawyer in a large New York law firm in 2005 and 2006, where he was a member of the Latin America practice group and worked on capital markets matters of private and public sector clients, including sovereign bonds and related litigation.

Professional Memberships

Justo is a member of the American Bar Association, Section of International Law, where he has been co-chair of the Buenos Aires City Chapter. He is also a member of the City of Buenos Aires Bar Association and the Province of Buenos Aires Bar Association. He was member of the Organizing Committee of the II and III Argentine Congress on Capital Markets organized by UCEMA University and participated in the IV Argentine Congress on Capital Markets.

Industry Sector Expertise

Justo Segura advises public and private sector clients, including sovereign and sub-sovereign entities, corporations, banks and financial organizations in capital markets, corporate finance, debt restructuring transactions and general law matters. He has also been involved in local and international litigation matters, including pro bono work.

He was an international lawyer in a large New York law firm in 2005 and 2006, where he was a member of the Latin America practice group and worked on capital markets and corporate finance transactions of private and public sector clients, including sovereign bonds and related litigation.

Work Highlights

• The Province of Mendoza in the issuance of (i) Class 1 CER Debt Securities in the amount of AR$37,314,776,000; and (ii) Class 2 CER Debt Securities in the amount of AR$39,724,100,806.

• The Province of Mendoza in connection with the issuance of its first Sustainable Bonds for an amount of AR$4,876,673,332, and the issuance of New Bonds for an amount of AR$ 2,633,120,511 in exchange for Bonds due 2023.

• The Province of Buenos Aires in the restructuring of its international bonds for over USD 7 billion.

• The Provinces of Mendoza, Chubut, Salta, Entre Ríos and Chaco in the restructuring of their international bonds.

• Banco de la Ciudad de Buenos Aires in the offering of Series XXI AR$1.6 billion notes due 2021 under its USD 1.5 billion Global Notes Program.

• Barclays Capital as Global Coordinator in Republic of Argentina’s 2010 sovereign debt restructuring for approximately USD18.7 billion.

• Several Argentine Provinces in connection with the issuance of short-term notes.

• The Bank of New York Mellon in an offering of notes made by an Argentine company.

• Province of Buenos Aires in various transactions, including:

- the issuance of AR$16 billion notes in the domestic capital markets (May 2022).

- the issuance of AR$30 billion (approximately USD 1.5 billion at issuance) notes in the international capital markets under local law, in accordance with Rule 144A/Regulation S. This transaction was awarded the prize “Local Currency Deal of the Year” in 2018 by Latin Finance.

- the issuance of AR$15 billion (approximately USD 950 million at issuance) notes in the international capital markets under local law, in accordance with Rule 144A/Regulation S.

- the issuance of €500 million notes in accordance with Rule 144A/Regulation S.

- a reopening of USD$750 million in the international capital markets of the notes issued in June 2016.

- the issuance of USD$1 billion notes in the international capital markets in accordance with Rule 144A/Regulation S.

- the issuance of USD$1.25 billion9.125% notes in the international capital markets.

- the issuance of USD$750 million 10.875% notes in the international capital markets.

- the issuance of USD$550 million 11.75% notes in the international capital markets.

- the issuance of the USD250 million 11.75% notes in the international capital markets.

- the creation of a Notes Program for the issuance of debt in the local capital markets for the years 2012, 2013, 2015 and 2016.

- the issuance of local law notes for AR$787,725,000 and AR$105,220,000.

- the issuance of local law dollar-linked notes for USD200,000,000.

- the issuance of local law notes for AR$50,025,000.

- the issuance of local law notes for AR$192,500,000.

• Deutsche Bank and Cirsa Funding Luxembourg S.A.in various transactions including:

- the issuance of €450,000,000 Senior Notes due 2021.

- the issuance of €500,000,000 Senior Notes due 2021.

- the issuance of €120,000,000 Senior Notes due 2018.

• UBS and Puente in connection with the issuance of USD 200 million notes in the international capital markets under Rule 144A/Regulation S by the Province of Tierra del Fuego.

• Leading bank from Brazil to seek for a positive outcome to the Argentine sovereign debt in default (2014 and 2015).

• Law Debenture Trust in TGN’s debt restructuring.

• The Province of Chubut in various transactions including:

- the issuance of USD$650 million notes due 2026 secured with oil royalties in the international capital markets under Rule 144A/ Regulation S.

- the issuance of USD$50 million secured notes in the international capital markets under Regulation S.

- the creation of Notes Program for up to AR$2 billion and issuance of Series I notes for USD$220 million secured with hydrocarbon royalties.

- the issuance of Series II notes for USD$88,891,415 secured with hydrocarbon royalties.

- the creation of a Program for the issuance of short-term notes and the issuance of several tranches of short-term notes in 2012, 2013, 2014, 2015, 2016, 2017 and 2019 for billions of Argentine pesos.

• The Province of Entre Ríos in various transactions including:

- the reopening of USD$150 million notes due 2025in the international capital markets under Rule 144A/Regulations S.

- the issuance of USD$350 million notes due 2025 in the international capital markets under Rule 144A/Regulation S.

- the issuance of local law notes secured with federal tax co-participation revenues for AR$525,950,000 and USD$4,669,950 (deal counsel).

- the issuance of the Series II secured notes of AR$63.683 million (deal counsel).

- the creation of a Debt Program and the issuance of the Series I secured notes for USD$89 million (deal counsel).

• The Province of Chaco in various transactions including:

- the issuance of USD$250 million notes due 2024 in the international capital markets under Rule 144A/Regulation S.

- the creation of a Program for the issuance of short- term notes in 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018 and 2019 and issuance of several tranches for billions of Argentine pesos.

• The Province of Neuquén in various transactions including:

- the exchange offer of USD$113 million notes in the international capital markets under Rule 144A/Regulation S.

- the issuance of USD235 million notes due 2028 secured with hydrocarbon royalties.

- the issuance of several series of short-term notes.

• The Province of Río Negro in various transactions including:

- the issuance of AR$2,304,165,000 notes due 2021.

- the issuance of USD$300 million notes due 2025 in the international capital markets under Rule 144A/Regulation S.

- the issuance of AR$1.8 billion notes in the international capital markets under Regulation S, secured with tax co-participation revenues.

- the issuance of short-term notes in 2016 y 2017 for billions of Argentine pesos.

• The Province of Salta in connection with the issuance of USD$185 million notes due 2022 secured with hydrocarbon royalties.

• The Province of Mendoza in connection with the issuance of short-term notes.

• The Province of Córdoba in various transactions including:

- the issuance of 9.5% USD$105,500,000 notes.

- the issuance of short-term notes.

• UBS and Citi in connection with the issuance of USD$400 million notes in the international capital markets under Rule 144A/Regulation S by the Province of Córdoba and its USD$196 million notes reopening.

• The Province of Formosa in the meeting of bondholders of Form III notes pursuant to which certain terms and conditions of Form III notes were amended in accordance with transaction documents.

Languages Spoken

English

Spanish