Marcelo Etchebarne

He/His/HimManaging Partner

Latin America Regional Practice Group Leader for Corporate Capital Markets
Special Projects Regional Leader for Asia

“Respected partner Marcelo Etchebarne boasts significant expertise advising Argentinian provinces on the restructuring of their debt. One interviewee enthuses: ‘He is particularly active advising on sovereign bond offerings and is a key player in this field.’ Another respondent adds: ‘Marcelo Etchebarne has a good understanding of our issues and is able to provide good advice.’" – Chambers Latin America, 2023.

Emailm.etchebarne@dlapiper.ar

Call+5411 4114 5500

Buenos Aires

About

Areas of FocusCorporate Restructuring Equity Capital Markets Mergers and Acquisitions International Arbitration Energy and Natural Resources Financial Services Industrials Infrastructure, Construction and Transport Technology

EXPERIENCE

• Counsel to the Ad-hoc Creditors Committee on YPF's 6.2 billion debt restructuring
• Counsel to EDELCOS in the public tender offer of EDENOR’s shares in the New York and Buenos Aires stock exchanges
• Counsel to EDENOR in the consent solicitation to amend term of condition of its existing bonds
• Counsel to EDENOR in the debt exchange of its existing notes
• Counsel to Vicentin on its US$1.5 billion debt restructuring
• Counsel to Vicentin in the joint venture with strategic investors
• Counsel to Jefferies on Stoneway Capital's US$500 million project bond and its US$165 million follow on (deal of the year in Latam by Latin Finance)
• Counsel to UBS in the US$80 billion debt exchange of the Republic of Argentina (2002-2004)
• Counsel to Barclays Capital as Global Coordinator of the US$18 billion debt exchange of Argentina (2008-2010)
• Counsel to institutional investors in the US$62 billion debt exchange of Argentina (2020)
• Counsel to multiple banks and the Province of Buenos Aires in over 40 international bond offerings made by the Province of Buenos Aires since 1998 to date
• Counsel to Citigroup and the Province of Buenos Aires (PBA) in PBA's US$2.8 billion debt restructuring
• Counsel to JP Morgan in the debt restructuring of a US$250 million bond issued by the Province of Mendoza and to Barclays Capital on its reopening
• Issuer and underwriter's capital markets counsel in debt offerings and exchanges for the Provinces of Chaco, Chubut, Formosa, Entre Ríos, La Rioja, Mendoza, Neuquén, San Juan, Santa Fe and Salta
• Debtor's counsel on the recent debt exchanges and consent solicitations made by the Provinces of Mendoza, Chaco, Entre Ríos, Chubut, Salta and Buenos Aires
• Underwriter's counsel for UBS, Citi, Beal West LB, Salomon Brothers, Credit Suisse, Raymond James, Deutsche Bank, Barclays, JP Morgan and other banks on corporate debt and equity offerings
• Special counsel to Pioneer and Apache on the US$600 million acquisition of Pioneer Natural Resources' assets in Argentina, among other notable acquisitions
• Counsel to GP Investments, Temasek and LAIG in the US$1 billion acquisition of Pride International's assets in Latin America
• Counsel in the sale of British Gas equity interest in MetroGAS one of the largest natural gas distributors in Latin America
• Counsel to JP Morgan on the debt restructuring of MetroGAS
• Counsel to AYSA on its US$500 million inaugural bond offering
• Buyer's counsel in two attempts to acquire YPF

Languages

Education

LL.M., Harvard Law School

Law degree, Universidad Católica Argentina Law School
Highest GPA of his year
Gold Medal

Awards

Pro Bono

Dedicates pro-bono work to El Museo del Barrio and to the Eisenhower Fellowships

Bylines

"Acciones colectivas y consentimientos de salida respecto de bonos públicos" en Guillermo Cabanellas de las Cuevas, Gabriel de Reina Tartiere, Mercado de Capitales. Editorial Heliasta, 2009, Buenos Aires.
"Reestructuración de títulos públicos colocados en los mercados domésticos e internacionales de capitales" (págs. 367 – 405) en Revista de Derecho del Mercado de Valores. Editorial Wolters Kluwer, año 2009, número 4.

Media Mentions