Celulosa Argentina S.A.’s U$S10,295,290 Additional Class 17 Notes Offering
Counsel to Celulosa Argentina S.A. in the issuance of 9.50% Additional Class 17 Notes for U$S10,295,290 due August 8, 2025 under its U$S 150,000,000 Global Notes Program. Additional Class 17 Notes are denominated in U.S. dollars and payable in Argentine pesos.
Additional Class 17 Notes are additional to 9.50% Class 17 Notes for U$S9,337,600 due August 8, 2025, issued on August 8, 2025.
After the inssurrance of the Additional Clase 17 Notes, the outstanding total amounts of Class 17 Notes are U$S 19.632.890.
Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Facimex Valores S.A., Portfolio Investment S.A. and Zofingen Securities S.A. acted as placement agents of Additional Class 17 Notes. Banco de Servicios y Transacciones S.A. and Puente Hnos. S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of this issuance.
Albanesi Group´s US$45,299,476 Notes Offering
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 9.5% Class XX Notes for US$19,361,471 due July 27, 2025 and 5.5% Class XXI Notes for US$25,938,005 due April 17, 2025, issued under the Global Notes Program for an amount up to US$ 700,000,000.
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., Bull Market Brokers S.A., Invertir en Bolsa S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A.U., Facimex 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., Global Valores S.A., TPCG Valores S.A.U., Cocos Capital S.A., Liebre Capital S.A.U., Latin Securities S.A., Invertir Online S.A., Buenos Aires Valores S.A. and Petrini Valores S.A acted as placement agents of Class XX Notes and Class XXI Notes. SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of this issuance.
Legal Advice in Petrolera Aconcagua Energía’s Class IV and Class V Notes Issuance
Counsel in the issuance of Petrolera Aconcagua Energía S.A.’s 3% Class IV Notes and 4.5% Class V Notes for US$ 36,238,568 issued on April 14, 2023, and due April 14, 2026, and April 14, 2027, respectively, under its US$ 150,000,000 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., Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A.U., SBS Trading S.A., Consultatio Investments S.A., Allaria Ledesma & Cía. S.A., AdCap Securities Argentina S.A., Portfolio Investment S.A., Facimex Valores S.A., Invertir en Bolsa S.A. and Latin Securities S.A. acted as placement agents.
Municipality of Cordoba’s Series XLVII Treasury Notes Issuance for AR$ 3,000,000,000
Legal counsel to the Municipality of Cordoba, as issuer, Banco de la Provincia de Córdoba S.A., as arranger and placement, 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., Banco de Galicia y Buenos Aires S.A.U., Becerra Bursátil S.A. and Petrini Valores S.A., as placement agents, in the issuance of Municipality of Cordoba’s Series XLVII Treasury Notes (the “Treasury Notes Series XLIVII”), under the Municipality of Cordoba’s Treasury Notes Issuance Program. The payments due under the Treasury Notes Series XLVII are secured by certain rights of the Municipality to collect certain contribution charges over the commercial, industrial and services activity. The Treasury Notes Series XLVII were issued on April 14, 2023, for AR$ 3,000,000,000 at an annual floating interest rate equivalent to Badlar plus 5.50%, due on February 8, 2024.
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.