Province of Chubut’s Series LI Treasury Notes Issuance for AR$ 381,400,000
Legal counsel to Puente Hnos. S.A., as placement agent in the issuance of Province of Chubut’s Series LI Treasury Notes. The Treasury Notes Series LI are secured by certain rights of the Province of Chubut to receive amounts under the federal tax co-participation regime and were issued in two classes amounting to AR$ 381,400,000. Class 1 has a fixed annual nominal rate equivalent to 34.75%, and is due on August, 24 2020. Class 2 has a fixed annual nominal rate equivalent to 35.50%, and is due on October, 23 2020.
Province of Chubut’s Series L Treasury Notes Issuance for AR$ 401,400,000
Legal counsel to Banco del Chubut S.A., as arranger, placement and financial agent, in the issuance of Province of Chubut’s Series L Treasury Notes. The Treasury Notes Series L are secured by certain rights of the Province of Chubut to receive amounts under the federal tax co-participation regime and were issued for AR$ 401,400,000 fixed rate equivalents to 35.50% annual nominal, due on September 15, 2020.
Generación Mediterránea in a loan for an amount of US$ 14,808,483.01 granted by J.P. Morgan Chase Bank
Legal counsel to Generación Mediterránea S.A., as borrower, and Albanesi S.A. and Central Térmica Roca S.A., as corporate guarantors, in a loan for an amount of US$ 14,808,483.01 granted by J.P. Morgan Chase Bank, N.A., as organizer, original lender and facility agent, and guaranteed by Export-Import Bank of the United States.
Municipality of Cordoba’s Series XXXVIII Treasury Notes Issuance for AR$400,000,000
Legal counsel to the Municipality of Cordoba, as issuer, Banco de la Provincia de Córdoba S.A., as arranger and placement agent, and to Puente Hnos. S.A., Banco de Servicios y Transacciones S.A., AdCap Securities Argentina S.A. and Banco de la Ciudad de Buenos Aires, as placement agents, in the issuance of Municipality of Cordoba’s Series XXXVIII Treasury Notes, under the Municipality of Cordoba’s Treasury Notes Issuance Programme. The transaction closed on July 3, 2020 and the payments due under the Treasury Notes Series XXXVIII are secured by certain rights of the Municipality to collect certain contribution charges over the commercial, industrial and services activity. The Treasury Notes Series XXXVIII were issued for AR$400,000,000 at an annual floating interest rate equivalent to Badlar plus 5.99%, due on October 2, 2020.
Province of Chubut’s Series XLIX Treasury Notes Issuance for AR$ 382,500,000
Legal counsel to Banco del Chubut S.A., as arranger, placement and financial agent, and to Puente Hnos. S.A., as placement agent, in the issuance of Province of Chubut’s Series XLIX Treasury Notes. The Treasury Notes Series XLIX are secured by certain rights of the Province of Chubut to receive amounts under the federal tax co-participation regime and were issued for AR$ 382,500,000 fixed rate equivalents to 35.50% annual nominal, due on July 24, 2020.
Legal advice in the issuance of Generación Mediterránea S.A. Notes
Counsel to Generación Mediterránea S.A. in the issuance of its 6.50% Class XI fixed rate notes for US$9,876,755 due June 23, 2021 and its Badlar plus 8% Class XII variable rate notes for $151,114,564 due December 23, 2020, issued under the company’s US$100,000,000 Global Notes Program. Class XI and Class XII notes are guaranteed by Albanesi S.A.
SBS Trading S.A., SBS Capital S.A., Balanz Capital Valores S.A.U., Banco de Servicios y Transacciones S.A., BACS Banco de Crédito y Securitización S.A., Banco de la Provincia de Buenos Aires and Banco Hipotecario S.A. acted as arrangers and placement agents for the Class XI and Class XII notes.
Province of Chubut’s Series XLVIII Treasury Notes Issuance for AR$ 200,000,000
Legal counsel to Banco del Chubut S.A., as arranger, placement and financial agent, in the issuance of Province of Chubut’s Series XLVIII Treasury Notes. The Treasury Notes Series XLVIII are secured by certain rights of the Province of Chubut to receive amounts under the federal tax co-participation regime and were issued for AR$ 200,000,000 fixed rate equivalents to 35.50% annual nominal, due on July 14, 2020.
Municipality of Cordoba’s Series XXXVII Treasury Notes Issuance for AR$ 600,000,000
Legal counsel to the Municipality of Cordoba, to Banco de la Provincia de Córdoba S.A., as arranger and placement, and to Puente Hnos. S.A., Banco de Servicios y Transacciones S.A., AdCap Securities Argentina S.A., Banco de la Ciudad de Buenos Aires and BACS Banco de Crédito y Securitización S.A., as placement agents, in the issuance of Municipality of Cordoba’s Series XXXVII Treasury, under the Municipality of Cordoba’s Treasury Notes Issuance Programme. The transaction settled on June 4, 2020 and the payments due under the Treasury Notes Series XXXVII are secured by certain rights of the raising of the Municipality for the contribution that affects the Commercial, Industrial and Services activity. The Treasury Notes Series XXXVII was issued for AR$ 600,000,000 variable rate equivalents to Badlar plus 6.99%, due on September 3, 2020.
Province of Chubut’s Series XLVII Treasury Notes Issuance for AR$ 340,810,000
Legal counsel to Banco del Chubut S.A., as arranger, placement and financial agent, and to Puente Hnos. S.A. as placement agent, in the issuance of Province of Chubut’s Series XLVII Treasury Notes. The Treasury Notes Series XLVII are secured by certain rights of the Province of Chubut to receive amounts under the federal tax co-participation regime and were issued for AR$ 340,810,000 fixed rate equivalents to 32% annual nominal, due on June 26, 2020.
“RG Albanesi Serie X” Financial Trust for AR$ 730,000,000
Legal advisors of the trustor Rafael G. Albanesi S.A. in the issuance and placement in Argentina of AR$ 730,000,000 “RG ALBANESI SERIES X” Trust Securities, under the U$S 100,000,000 Global Trust Programme “RG ALBANESI”. TMF Trust Company (Argentina) S.A. acted as trustee, Banco de Servicios y Transacciones S.A. acted as arranger and placement agent; SBS Capital S.A. acted as arranger; and SBS Trading S.A. and BACS Banco de Crédito y Securitización S.A. acted as arrangers and placement agents.