Legal Advice in the Issuance of Series 9 Notes of CT Barragán S.A. for US$ 50,000,000
Counsel to Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Servicios y Transacciones S.A., Nuevo Banco de Santa Fe S.A., SBS Trading S.A., Banco Mariva S.A., TPCG Valores S.A.U., Invertir en Bolsa S.A., Balanz Capital Valores S.A.U., Cocos Capital S.A., Banco de la Provincia de Buenos Aires, Banco Patagonia S.A., Allaria Ledesma & Cía. S.A., Adcap Securities Argentina S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco Itaú Argentina S.A., Itaú Valores S.A., and BNP Paribas Sucursal Buenos Aires as placement agents, in the public offering of 0% Series 9 Notes for US$ 50,000,000 due April 3, 2026 of CT Barragán S.A (“Series 9 Notes”). Series 9 Notes were issued on April 3, 2023 under the Global Notes Program for an amount of up to US$400,000,000.
Series 9 Notes are denominated in U.S. Dollars and payable in Argentine Pesos.
Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Servicios y Transacciones S.A., Nuevo Banco de Santa Fe S.A, SBS Trading S.A., Banco Mariva S.A., TPCG Valores S.A.U., Invertir en Bolsa S.A., Balanz Capital Valores S.A.U., Cocos Capital S.A., Banco de la Provincia de Buenos Aires, Banco Patagonia S.A., Allaria Ledesma & Cía. S.A., Adcap Securities Argentina S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco Itaú Argentina S.A, Itaú Valores S.A, and BNP Paribas Sucursal Buenos Aires as placement agents of Series 9 Notes. Banco de Galicia y Buenos Aires S.A.U. also acted as Settlement Agent for Series 9 Notes.
Legal Advice in the Issuance of Loma Negra Compañía Industrial Argentina S.A.´s Series 1 Notes for $25,636,250,000 (US$133,261,858)
Counsel to Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco Patagonia S.A., Allaria Ledesma & Cía S.A., and Balanz Capital Valores S.A.U. as placement agents, in the issuance of Loma Negra Compañia Industrial S.A.’s floating annual interest rate equivalent to BADLAR plus 2% series 1 notes for $25,636,250,000 (equivalent to US$133,261,858), denominated and payable in Pesos, due August 22, 2024. The Series 1 Notes were issued on February 22, 2023 under the company´s global notes program for an amount of up to US$150,000,000.
Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco Patagonia S.A., Allaria Ledesma & Cía S.A., and Balanz Capital Valores S.A.U. acted as placement agents of the series 1notes. Banco de Galicia y Buenos Aires S.A.U. also acted as settlement agent for the series 1 notes.
Legal Advice in the Issuance of 360Energy Solar S.A. Series 2 Notes for US$20,000,000 and Series 3 Notes for US$60,000,000 Which Qualify as Green Bonds
Counsel to Banco Itaú Argentina S.A., Itaú Valores S.A., Balanz Capital Valores S.A.U., Invertir en Bolsa S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Servicios y Transacciones S.A. and PP Inversiones S.A. in the issuance of 360Energy Solar S.A. 0.00% Series 2 Notes for US$20,000,000 due March 8, 2025 (the “Series 2 Notes”), and 5.00% Series 3 Notes for US$60,000,000 due March 8, 2032 (the “Series 3 Notes” and together with the Series 2 Notes, the “Notes”), issued under the Global Notes Program for an amount of up to U$S100,000,000 (or its equivalent in other currencies or other unit value). Both Series 2 Notes and Series 3 Notes qualify as Green Bonds.
The proceeds from the placement will be used to finance the construction, installation, commissioning, operation, and maintenance of the 360Energy La Rioja II Photovoltaic Solar Park.
Banco Itaú Argentina S.A., Itaú Valores S.A., Balanz Capital Valores S.A.U., Invertir en Bolsa S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Servicios y Transacciones S.A. and PP Inversiones S.A. acted as placement agents of the Notes. Banco Itaú Argentina S.A. also acted as arranger and settlement agent.
Roch S.A. consent solicitation
Counsel to Roch S.A. in a consent solicitation process for the release of proceeds for an amount of AR$266,094,000 to be applied under the joint venture agreement Unión Transitoria Río Cullen, Las Violetas, La Angostura (Cuenca Austral - Tierra del Fuego Province)and for increasing the interest rates for the periods between June and December 2023, from 6.5% to 7% per annum for the US Dollar denominated debt and the margin under the Peso denominated debt from 12% to 12,5% per annum.
The transaction was conducted within the framework of the company’s judicial insolvency proceeding and allowed Roch to obtain the consents from 81.07% of the holders of the series 1 secured notes for US$16,261,578; 100% of the holders of the private secured note for US$3,413,694; and 100% from the lenders under financial loans Banco Itaú Argentina S.A., Banco de la Ciudad de Buenos Aires and Banco de Tierra del Fuego for US$9,149,905.
Albanesi Energía S.A.’s Issuance of Series VII Notes for US$ 12,913,409, Series VIII Notes for $388,552,039 and Series IX Notes for 31,588,984 UVAs
Counsel to SBS Capital S.A. and Banco de Servicios y Transacciones S.A. as arrangers, and to SBS Trading S.A., Banco de Servicios y Transacciones S.A., Balanz Capital Valores S.A.U., Facimex Valores S.A., Banco Hipotecario S.A., Nación Bursátil S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A.U., Banco Supervielle S.A., Supervielle Agente de Negociación S.A.U., BACS Banco de Crédito y Securitización S.A., Adcap Securities Argentina S.A., Petrini Valores S.A., Portfolio Investment S.A., Allaria Ledesma & Cía S.A., Global Valores S.A. and TPCG Valores S.A.U., as placement agents, in the issuance of Albanesi Energía S.A.’s 4% Series VII Notes for US$ 12,913,409, due February 13, 2025; floating annual interest rate Series VIII Notes for $388,552,039 due February 13, 2024; and 3.8% Series IX Notes for 31,588,984 UVAs, equivalent to $6,225,872,857, all of them issued under the Global Notes Program for an amount of up to US$ 250,000,000.
SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers, and Banco de Servicios y Transacciones S.A. as arrangers, and to SBS Trading S.A., Banco de Servicios y Transacciones S.A., Balanz Capital Valores S.A.U., Facimex Valores S.A., Banco Hipotecario S.A., Nación Bursátil S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A.U., Banco Supervielle S.A., Supervielle Agente de Negociación S.A.U., BACS Banco de Crédito y Securitización S.A., Adcap Securities Argentina S.A., Petrini Valores S.A., Portfolio Investment S.A., Allaria Ledesma & Cía S.A., Global Valores S.A. and TPCG Valores S.A.U. acted as placement agents of Series VII Notes, Series VIII Notes and Series IX Notes.
Issuance of PyME CNV Guaranteed Class II Notes of Agro Alliance S.A. for U$S950,010
Counsel in the issuance of the PyME Guaranteed Class II Series I Notes for U$S950,010 by Agro Alliance S.A. due on February 14, 2025.
Banco Supervielle S.A., Banco Mariva S.A., and Banco de Servicios y Transacciones S.A. acted as arrangers, placement agents, and guarantee entities of Class II Series I Notes. Supervielle Agente de Negociación S.A.U. acted as placement agent of the Notes.
Legal Advice in Petrolera Aconcagua Energía S.A.’s Class II Notes Issuance
Counsel to Petrolera Aconcagua Energía S.A. and Banco de Servicios y Transacciones S.A. in the issuance of Petrolera Aconcagua Energía S.A.’s 5.5% Class II Notes for US$ 15,000,000 issued on January 23, 2023, and due January 23, 2026, under its US$ 100,000,000 Global Notes Program.
Banco de Servicios y Transacciones S.A. acted as arranger and placement agent, and Banco Mariva S.A., Banco Supervielle S.A., SBS Trading S.A., Consultatio Investments S.A., Allaria Ledesma & Cía. S.A., AdCap Securities Argentina S.A. y Portfolio Investment S.A. acted as placement agents.
Issuance of PyME CNV Guaranteed Class I Notes for $ 234,000,000 and Class II Notes for U$S 424,000 of Frigorífico General Pico S.A.
Counsel in the issuance of the PyME Guaranteed Class I Series I Notes for $2 34,000,000 and Class II Series I Notes for U$S 425,000, by Frigorifico General Pico S.A. due on January 13, 2025.
Adcap Securities Argentina S.A. acted as arranger of Class I Series I and Class II Series I Notes. Adcap Securities Argentina S.A. and Banco de Servicios y Transacciones S.A. acted as placement agents of the Notes. Fid Aval S.G.R., Crecer S.G.R., Integra Pymes S.G.R., Potenciar S.G.R., Acindar Pymes S.G.R. and Mills S.G.R. acted as guarantee entities of the Notes.
MSU Energy S.A.´s US$ 15.100.000 Series VII Notes Offering
Counsel to MSU Energy S.A. in the issuance of its 7.5% Series VII Notes for US$ 15,100,000, denominated, integrated and payable in U.S. dollars, maturing 24 months from the issuance date, under its US$ 285,000,000 Global Notes Program.
Legal Advice in the Issuance of Additional Series 6 Notes of CT Barragán S.A. for AR$ 58,577,648
Counsel to SBS Trading S.A., Balanz Capital Valores S.A., BACS Banco de Crédito y Securitización S.A., Banco de Servicios y Transacciones S.A., Invertir en Bolsa S.A., Banco Patagonia S.A., TPCG Valores S.A.U., BNP Paribas Sucursal Buenos Aires, Banco Mariva S.A., Allaria Ledesma & Cía S.A., Banco Santander Argentina S.A., HSBC Bank Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Galicia y Buenos Aires S.A.U., Cocos Capital S.A., Banco de la Provincia de Buenos Aires, Puente Hnos. S.A., Banco Hipotecario S.A., Banco Comafi S.A., Latin Securities S.A., Macro Securities S.A.U. and Industrial Valores S.A. as placement agents, in the reopening and public offering of 0% Additional Series 6 Notes for US$ 58,577,648 due May 16, 2025 of CT Barragán S.A. (“Additional Series 6 Notes”). Additional Series 6 Notes were issued on December 14, 2022 under the Global Notes Program for an amount of up to US$400,000,000.
Additional Series 6 Notes are denominated in U.S. Dollars and payable in Argentine Pesos, are additional to the Series 6 Notes issued on May 16, 2022, and have a personal guarantee, subject to a resolutory condition granted by YPF S.A. and Pampa Energía S.A.
SBS Trading S.A., Balanz Capital Valores S.A., BACS Banco de Crédito y Securitización S.A., Banco de Servicios y Transacciones S.A., Invertir en Bolsa S.A., Banco Patagonia S.A., TPCG Valores S.A.U., BNP Paribas Sucursal Buenos Aires, Banco Mariva S.A., Allaria Ledesma & Cía S.A., Banco Santander Argentina S.A., HSBC Bank Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Galicia y Buenos Aires S.A.U., Cocos Capital S.A., Banco de la Provincia de Buenos Aires, Puente Hnos. S.A., Banco Hipotecario S.A., Banco Comafi S.A., Latin Securities S.A., Macro Securities S.A.U. and Industrial Valores S.A. as placement agents of Additional Series 6 Notes Banco de Galicia y Buenos Aires S.A.U. also acted as Settlement Agent for Additional Series 6 Notes.