Province of Chubut’s Series XXXVIII Treasury Notes Issuance for AR$ 500,000,000
Legal counsel to Banco del Chubut S.A., as arranger, placement and financial agent, in the issuance of Province of Chubut’s AR$ 500,000,000 fixed rate Series XXXVIII Treasury Notes due 2019 (the “Treasury Notes”), under the Province of Chubut’s Treasury Notes Issuance Programme, secured by certain rights of the Province of Chubut to receive amounts under the federal tax coparticipation regime.
DLA Piper Argentina counseled the Province of Chubut, as issuer of the Treasury Notes under the transaction.
Incorporation and authorization by the Argentine Securities Exchange Commission of Bancor Fondos S.G.F.C.I.S.A.U. as fund manager and Banco de la Provincia de Córdoba S.A. as custodian
Deal counsel in the incorporation and authorization by the Argentine Securities Exchange Commission (Comisión Nacional de Valores) of Bancor Fondos S.G.F.C.I.S.A.U. as fund manager and Banco de la Provincia de Córdoba S.A. as custodian, and the creation of their first open-end funds “Champaquí Ahorro Pesos”, “Champaquí Ahorro Dólares”, “Champaquí Ahorro Mixto”, “Champaquí Liquidez” and “Champaquí Estratégico”.
KfW IPEX-Bank grants a portfolio project finance facility for the development and construction of the wind farms Chubut Norte III and Chubut Norte IV
KfW IPEX-Bank grants to Genneia Vientos Sudamericanos S.A. and Genneia Vientos Patagónicos S.A, two special purpose vehicles fully owned by Genneia S.A., a joint facility worth US$ 131,550,636 under a non-recourse portfolio project finance structure under the RenovAr programme, for the development and construction of the wind farms Chubut Norte III and Chubut Norte IV (which will be located in the Chubut province), totaling 140.88 MW of combined generation capacity.
Ensenada de Barragán thermal power plant sale
Integración Energética Argentina S.A. (“IEASA”), undertook the National and International Public Bid No. CTEB 02/2019 (the “Public Bid”) by means of which the “Ensenada de Barragán” power plant was sold and transferred, according to the terms and conditions disposed by Decree No. 882/2017 of the Executive Branch and Resolution No. 11-E/2018. As a result of the Public Bid, IEASA awarded to YPF S.A. and Pampa Cogeneración S.A., as sponsors of CT Barragán S.A.
Amendment to the fiduciary trust agreement of the thermal power plant ENARSA – Brigadier López
Counsel of Integración Energética Argentina S.A. (formerly Energía Argentina S.A.) and BICE Fideicomisos S.A. under all aspects related to the financial and capital markets terms and conditions of the amendment to the fiduciary trust agreement of the thermal power plant ENARSA – Brigadier López, which allowed the financing of its construction. The amendment was executed as a consequence of Decree No. 882/2017 of the National Executive Branch and Resolution No. 11-E/2018 and the National and International Public Bid No. CTBL 01/2018 that altogether stipulated the sale of the power plant ENARSA – Brigadier López. As a consequence, Central Puerto S.A. was awarded the public bid, which allowed it to be the new owner of the power plant ENARSA – Brigadier López and therefore replacer Integración Energética Argentina S.A. as original trustor under the financial trust agreement.
“San Luis Progresa” Collateral and Payment Trust
Legal counsel to the Municipality of the city of San Luis, Banco Supervielle S.A. and TMF Trust Company (Argentina) S.A. in the constitution of the “San Luis Progresa” Collateral and Payment Trust, in which the Municipality of the city of San Luis acted as trustor and beneficiary, TMF Trust Company (Argentina) S.A. acted as trustee, and Banco Supervielle S.A. acted as collection agent.
“CARFACIL IV” Financial Trust for AR$ 71,210,892
Deal counsel in the placement and issuance in Argentina of trust securities for AR$71,210,892 issued under the “CARFACIL IV” Financial Trust, whereby TMF Trust Company (Argentina) S.A., as trustee under the private financial trust “FINANCIAL TRUST CARFAUTO” acted as trustor, Banco de Valores S.A. acted as trustee, organizer and replacement servicer and Ralf S.A. acted as credit administrator and paying agent. Banco de Valores S.A., INTL CIBSA S.A., Macro Securities S.A. and Industrial Valores S.A. acted as placement agents.
Celulosa Argentina S.A.’s USD 3,521,129 Class 12 Notes
Counsel in Celulosa Argentina S.A.’s issuance of Class 12 Notes for AR$ 3,521,129 under the Global Program of Notes for an amount of up to US$ 280,000,000. Puente Hnos. S.A. and BST acted as placement agents of the Class 12 Notes.
Global Trust Program “San Cristóbal Servicios Financieros”
Deal counsel in the creation of the Global Trust Program "San Cristóbal Servicios Financieros” for up to US$ 45,000,000, in which San Cristóbal Bienes Raíces S.A. acts as trustor, and TMF Trust Company (Argentina) S.A as trustee and issuer.
Roch S.A. US$ 8.000.000 Class 5 Notes offering
Legal counsel to Roch S.A. in the offering of US$ 8,000,000 class 5 notes under its US$ 50,000,000 Global Notes Programme, for the purpose of acquiring an additional interest in the joint venture “Río Cullen/Las Violetas/La Angostura – Unión Transitoria de Empresas”. Roch S.A. and Puente Hnos. S.A. entered into a trust assignment agreement in order to ensure duly and timely use of the proceeds of the issuance of the Notes.
Puente Hnos. S.A. acted as arranger and placement agent of the Notes.