Municipality of Cordoba’s Series XLV Treasury Notes Issuance for AR$ 1,500,000,000

Legal counsel to the Municipality of Cordoba, as issuer, Banco de la Provincia de Córdoba S.A., as arranger and placement agent, and to Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Adcap Securities Argentina S.A., Banco de la Ciudad de Buenos Aires, Banco Hipotecario S.A., SBS Trading S.A., Banco Comafi S.A., Nación Bursátil S.A., and Banco de Galicia y Buenos Aires S.A.U., as placement agents, in the issuance of Municipality of Cordoba’s Series XLV Treasury Notes (the “Treasury Notes Series XLIV”), under the Municipality of Cordoba’s Treasury Notes Issuance Program. The payments due under the Treasury Notes Series XLV are secured by certain rights of the Municipality to collect certain contribution charges over the commercial, industrial and services activity. The Treasury Notes Series XLV were issued on September 13, 2022, for AR$ 1,500,000,000 at an annual floating interest rate equivalent to Badlar plus 2.64%, due on July 10, 2023.


Legal Advice in the Issuance of Series X Notes of MSU S.A. for US$ 24,500,000

Counsel to Allaria Ledesma & Cia S.A., Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco Itaú Argentina S.A., Industrial Valores S.A. and Itaú Valores S.A. as arrangers and placement agents, in the issuance of MSU S.A.’s 7,5% Series X Notes for US$ 24,500,000 issued on September 12, 2022, and due September 12, 2024, under its US$ 100,000,000 Global Notes Program.

Allaria Ledesma & Cia S.A., Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco Itaú Argentina S.A., Industrial Valores S.A. and Itaú Valores S.A. acted as arrangers and placement agents. Allaria Ledesma & Cia S.A. also acted as Settlement Agent for the Series X Notes.

 

 


“CFA CRÉDITOS II” Financial Trust for AR$1,980,000,000

Deal counsel in the issuance and placement in Argentina of trust securities for AR$1,980,000,000 issued under the “CFA CRÉDITOS II” Financial Trust, in which Compañía Financiera Argentina S.A. (Efectivo Sí) acted as trustor, arranger, collection agent and placement agent, TMF Trust Company (Argentina) S.A. acted as financial trustee, and Banco Patagonia S.A. acted as arranger and placement agent.


Issuance of Series V Notes of Albanesi Energía S.A. for US$ 16,933,400 and Series VI Notes of Albanesi Energía S.A. for $1,191,500,000

Counsel to Banco de Servicios y Transacciones S.A. and SBS Capital S.A. as arrangers, and to SBS Trading S.A., Banco de Servicios y Transacciones S.A., Balanz Capital Valores S.A.U., Facimex S.A., Invertir en Bolsa S.A., Banco Hipotecario S.A., Nación Bursátil S.A., Banco de la Provincia de Buenos Aires, AWM Valores S.A., Macro Securities S.A., Banco Supervielle S.A., Supervielle Agente de Negociación S.A.U., BACS Banco de Crédito y Securitización S.A., Allaria Ledesma & Cía S.A. and Adcap Securities Argentina S.A., as placement agents, in the issuance of Albanesi Energía S.A.’s 2,75% Series V Notes for US$ 16,933,400 due August 22, 2024, and floating annual interest rate Series VI Notes for $1,191,500,000 due August 22, 2023, both issued under the Global Notes Program for an amount of up to US$ 250,000,000.

SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers, and SBS Trading S.A., Banco de Servicios y Transacciones S.A., Balanz Capital Valores S.A.U., Facimex S.A., Invertir en Bolsa S.A., Banco Hipotecario S.A., Nación Bursátil S.A., Banco de la Provincia de Buenos Aires, AWM Valores S.A., Macro Securities S.A., Banco Supervielle S.A., Supervielle Agente de Negociación S.A.U., BACS Banco de Crédito y Securitización S.A., Allaria Ledesma & Cía S.A. and Adcap Securities Argentina S.A.  acted as placement agents of Series V Notes and Series VI Notes.


Legal Advice in the Issuance of Series 8 Notes of CT Barragán S.A. for AR$ 4,235,555,555

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., HSBC Bank Argentina S.A., SBS Trading S.A., Banco Mariva S.A., Banco Hipotecario S.A., Invertir en Bolsa S.A., BACS Banco de Crédito y Securitización S.A., Cocos Capital S.A., Nuevo Banco de Santa Fe S.A., Banco Patagonia S.A., Allaria Ledesma & Cía S.A., Adcap Securities Argentina S.A., Balanz Capital Valores S.A.U., BNP Paribas Sucursal Buenos Aires, TPCG Valores S.A.U. and Banco Comafi S.A. as placement agents, in the issuance of CT Barragán S.A.’s floating annual interest rate Series 8 Notes for AR$ 4,235,555,555 due February 22, 2024. The Series 8 Notes were issued on August 22, 2022 under the Global Notes Program for an amount of up to US$400,000,000. The Series 8 Notes have a personal guarantee, subject to a resolutory condition granted by YPF S.A. and Pampa Energía S.A.

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., HSBC Bank Argentina S.A., SBS Trading S.A., Banco Mariva S.A., Banco Hipotecario S.A., Invertir en Bolsa S.A., BACS Banco de Crédito y Securitización S.A., Cocos Capital S.A., Nuevo Banco de Santa Fe S.A., Banco Patagonia S.A., Allaria Ledesma & Cía S.A., Adcap Securities Argentina S.A., Balanz Capital Valores S.A.U., BNP Paribas Sucursal Buenos Aires, TPCG Valores S.A.U. and Banco Comafi S.A. as placement agents of Series 8 Notes. Banco de Galicia y Buenos Aires S.A.U. also acted as Settlement Agent for Series 8 Notes.

 


Roch S.A. court restructuring process (concurso preventivo de acreedores)

Counsel to Roch S.A. in its successful financial debt restructuring under a court reorganization process (concurso preventivo de acreedores) in accordance with Argentine Bankruptcy Law No.24,522, after obtaining the judicial endorsement to the agreements reached with its creditors.

In the context of the reorganization, Roch managed to refinance: (i) financial loans with Banco Itaú Argentina, Banco de la Ciudad de Buenos Aires and Banco Provincia de Tierra del Fuego; (ii) a secured private note originally issued on December 13th, 2018; and (iii) series 4 notes maturing on June 18, 2020and series 5 notes maturing on April 15, 2021.

As a result of the refinancing process, Roch issued a new secured private note and series 1 notes under the public offering regime and executed loan restructuring agreements with Banco Itaú Argentina, Banco de la Ciudad de Buenos Aires and Banco Provincia de Tierra del Fuego. The company's total new restricted financial debt is US$28,825,177. All instruments under the new financial debt have the same terms and conditions: (i) 6.50% fixed interest rate (except for Banco Itaú Argentina loan, which bears a variable interest rate and is denominated in Argentine Pesos); (ii) mature on July 27, 2027; (iii) principal will be amortized in 22 quarterly installments and an initial 10% principal payment will be made; and (iv) interest will be paid on the same principal amortization dates.

The new financial debt is secured on a pro rata basis by a security trust assignment agreement of certain collection rights under hydrocarbon sales operations of the Company.

 


Issuance of PyME CNV Guaranteed Class I Notes of Vitalcan S.A. for $120,000,000

Counsel in the issuance of the PyME CNV Guaranteed Class I Notes for $120,000,000 by Vitalcan S.A. due on February 9, 2024.

Banco Supervielle S.A, Banco BBVA Argentina S.A. and Banco Comafi S.A, acted as arrangers, placement agents and guarantee entities of Class I Notes. Comafi Bursátil S.A. acted as placement agent of the Notes.


Legal Advice in the Issuance of Class 17 Notes of Celulosa Argentina S.A. for US$ 9,337,600

Counsel to Celulosa Argentina S.A. in the issuance of 9.50% Class 17 Notes for US$ 9,337,600 due August 9, 2025 under its US$ 150,000,000 Global Notes Programme. Class 17 Notes are denominated in U.S. dollars and payable in Argentine pesos.

Banco de Servicios y Transacciones S.A. and Puente Hnos. S.A. acted as arrangers and placement agents of Class 17 Notes.

 


MSU Energy S.A.´s US$ 15.100.000 Series V Notes Offering

Counsel to MSU Energy S.A. in the issuance of its 8% Series V Notes for US$ 15,100,000, denominated, integrated and payable in U.S. dollars, maturing 24 months from the issuance date, under its US$ 100,000,000 Global Notes Program.


Albanesi Group´s US$50,000,000 Notes Offering

Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 9.5% Class XIV Notes for US$5,858,103 due July 18, 2024, 3.5% Class XV Notes for US$27,659,195 due July 18, 2025, and 0.0% Class XVI Notes for 15,889,019 UVAs (Unidades de Valor Adquisitivo) due July 18, 2025, issued under the Global Notes Program for an amount of up to US$700,000,000.

SBS Capital S.A., Banco de Servicios y Transacciones S.A. and Balanz Capital Valores S.A.U. acted as arrangers, and SBS Trading S.A., Banco de Servicios y Transacciones S.A., Allaria Ledesma & Cía S.A., Balanz Capital Valores S.A.U., Nación Bursátil S.A., Invertir en Bolsa S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A., Facimex S.A., AWM Valores S.A., BACS Banco de Crédito y Securitización S.A., Banco Supervielle S.A., Banco Hipotecario S.A., Supervielle Agente de Negociación S.A.U., Adcap Securities Argentina S.A., Cocos Capital S.A. and Industrial Valores S.A. acted as placement agents of Class XIV Notes, Class XV Notes and Class XVI Notes.