A&O Shearman advises on $3 Billion Repurchase Transaction for Argentina’s Central Bank
New York, January 13, 2026 – A&O Shearman has announced its successful counsel to six major banks in a important repurchase transaction with the Central Bank of the Republic of Argentina. The deal, finalized recently, involved BONARES 2035 and 2038 bonds and totaled USD 3 billion.
The Central Bank of Argentina intends to utilize the net proceeds from this transaction to bolster its reserves management capabilities, a move aimed at strengthening the nation’s financial stability. This repurchase agreement represents a key strategic maneuver for Argentina as it navigates its economic landscape.
The complex legal work was spearheaded by A&O Shearman partner Donna Parisi, specializing in Derivatives from the New York office, and counsel Andrew Feng, also based in New York and focused on Derivatives law. A multidisciplinary team of experts contributed to the successful completion of the transaction, including partners Geoffrey Goldman (Derivatives, New York), Christopher Ryan (International Arbitration, Washington, DC), Alejandro A. Gordano (Capital Markets, New York), Jessica Delbaum (Antitrust, New York), Lorenz Haselberger (Tax, New York), bob Penn (Financial Services Regulatory, London), Sara Couling (Derivatives and Structured Finance, London), and Alexander Behrens (Financial Services Regulatory, Frankfurt).
Counsel contributions came from Martina Stegmaier (Financial Services Regulatory,Frankfurt),Ryan Leske (antitrust,New York),and Jonathan Cho (Global Financial Markets,New york). The team was further supported by senior associate Elias Allahyari (Financial Services Regulatory, London), associates ben Halligan and Masashi Shimojo (both Derivatives, New york), international associate Emilie Ferre (Derivatives, New york), and trainee solicitor Vincent Lafortune.
This transaction underscores A&O Shearman’s continued prominence in advising on complex financial transactions within emerging markets and highlights the firm’s ability to assemble and deploy specialized legal expertise across multiple jurisdictions. The firm’s involvement signals confidence in the evolving financial strategies of the Central Bank of Argentina and its commitment to maintaining economic stability.