Province of Córdoba’s US$ 150,000,000 Series I Additional Notes Issuance
Deal counsel in the issuance of the Province of Córdoba’s US$ 150,000,000 Additional Notes.
Banco de la Provincia de Córdoba S.A. and Puente Hnos. S.A. acted as lead arrangers and placement agents, and also Puente Hnos. S.A. acted as bookrunner.
Acquisition of Equity Interest in Brisa de la Costa S.A.
The firm advised Helios Partners S.A. in the acquisition from Envision Energy (Netherlands) B.V. of a 25% equity interest in Lomas de los Vientos S.A. (a company that is developing a wind energy project in Bahía Blanca, Province of Buenos Aires, that resulted awarded in Round 1 of RenovAr).
Acquisition of Equity Interest in Parques Eólicos Pampeanos S.A.
The firm advised Helios Partners S.A. in the acquisition from Envision Energy (Netherlands) B.V. of a 25% equity interest in Parques Eólicos Pampeanos S.A. (a company that is developing a wind energy project in Villarino, Province of Buenos Aires, that resulted awarded in Round 1 of RenovAr).
Banco de la Provincia de Buenos Aires’ Series II Notes Issuance for AR$ 1,496,540,000
Legal counsel to Banco de la Provincia de Buenos Aires (the “Bank”) in the Bank’s Series II Notes issuance for an approximate amount of AR$ 1,496,540,000. The Bank acted as issuer, arranger and lead placement agent of the transaction, while Banco de Galicia y Buenos Aires S.A., Banco Santander Río S.A. and BBVA Banco Francés S.A. acted as placement agents.
“BeST Consumer Directo Serie II” Financial Trust for AR$ 87,250,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 87,250,000 issued under the “BeST Consumer Directo Serie II” Financial Trust, in which Crédito Directo S.A acted as trustor and servicer, TMF Trust Company (Argentina) S.A acted as trustee and Banco de Servicios y Transacciones S.A. acted as organizer, collection agent and placement agent.
AR$ 250 million syndicate loan granted to Energía San Juan S.A.
Legal counsel to Banco Patagonia S.A, Banco de la Pampa S.E.M., Banco de la Ciudad de Buenos Aires, Banco Provincia del Neuquén S.A., Banco Mariva S.A., Banco de Galicia y Buenos Aires S.A. and Banco Itaú Argentina S.A., as lenders, and Banco Patagonia S.A. as arranger, in a syndicate loan granted to Energía San Juan S.A. for an aggregate of AR$ 250,000,000 (2017).
Province of La Rioja’s Debt Securities Issuance for U$S 200 million aggregate principal amount
Argentine law counsel to the initial purchaser and the local placement agents in the issuance of U$S 200 million aggregate principal amount of 9.750% notes due 2025 (the “Notes”). The Notes were offered and sold in transactions exempt from registration in reliance upon Rule 144A and Regulation S of the United States Securities Act of 1933, as amended, and were admitted to listing in Mercado de Valores de Buenos Aires S.A. and to be traded in Mercado Abierto Electrónico S.A. Also, the Notes are expected to be admitted to listing in the Euro MTF Markets.
UBS Securities LLC acted as initial purchaser in connection with the issuance of the Notes. Banco Voii S.A. and Puente Hnos. S.A. acted as local placement agents. The Bank of New York Mellon acted as trustee, paying agent and transfer agent. The Bank of New York Mellon (Luxembourg) S.A. acted as Luxembourg listing agent, paying agent and Luxembourg transfer agent.
Sale of ODS Group
The firm advised in the sale of 100% of the capital stock of ODS Group. The transaction involved the indirect transfer of 25 companies in 7 jurisdictions including Argentina, Brazil, Chile, Colombia, Spain, Dominican Republic, Paraguay and Uruguay. ODS Group stood out as one of the strongest conglomerates in the construction and real estate industry in Argentina, with projects throughout Brazil, Dominican Republic, Paraguay and Uruguay. The main activity of ODS Group is the development of construction projects throughout its different business units: civil, electromechanical, architectural and real estate.
“Consumo Vida Serie VII” Financial Trust for AR$ 78,000,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR $ 78,000,000 issued under the “Consumo Vida Serie VII” Financial Trust, in which Banco de Servicios y Transacciones S.A. acted as trustee, organizer and placement agent, Cooperativa de Crédito, Consumo y Servicios Sociales La Plata Ltda. as trustor and BACS Banco de Crédito y Securitización S.A. as placement agent.
Banco Interfinanzas S.A.'s acquisition
Legal counsel to Angelo and Fabio Calcaterra and partners in the purchase of 100% of Banco Interfinanzas S.A., a local financial entity subject to surveillance by the Argentine Central Bank.