Celulosa Argentina S.A.’s U$S3,699,506 Class 20 Notes and U$S11,300,494 Class 21 Notes Offering
Counsel to Celulosa Argentina S.A. in the issuance of 8.00% Class 20 Notes for U$S3,699,506 due February 8, 2026 Class 20 Notes are denominated and payable in U.S. dollars and 7.00% Class 21 Notes for U$S11,300,494 due February 8, 2026 Class 21 Notes are denominated in U.S. dollars and payables in Pesos, both under its U$S 150,000,000 Global Notes Program.
Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Zofingen Securities S.A., Invertironline S.A.U, Banco Supervielle S.A., Facimex Valores S.A., and GMC Valores S.A. acted as placement agents of the Notes. Banco de Servicios y Transacciones S.A. and Puente Hnos. S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of this issuance.
Legal Advice in Petrolera Aconcagua Energía S.A.’s Class XII Note Issuance
Counsel in the issuance of Petrolera Aconcagua Energía S.A.’s 2.00% Class XII Notes, for US$ 25,023,948 issued on July 18, 2024, and due July 18, 2026, under its US$ 500,000,000 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 S.A., Adcap Securities Argentina S.A., Facimex Valores S.A., Balanz Capital Valores S.A.U. and Invertir en Bolsa S.A., acted as placement agents.
Legal Advice in the Issuance of Series XIV Notes of MSU S.A. for US$ 33,500,000
Counsel to Banco de Galicia y Buenos Aires S.A.U. as arranger, placement agent and settlement agent, and Balanz Capital Valores S.A.U., Banco Santander Argentina S.A., Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Banco de la Ciudad de Buenos Aires, and Adcap Securities Argentina S.A. as placement agents, in the issuance of MSU S.A. 7.50% Series XIV Notes for US$ 33,500,000 issued on July 23, 2024, and due July 23, 2027, under its US$ 200,000,000 Global Notes Program.
Banco de Galicia y Buenos Aires S.A.U. acted as arranger, placement agent and settlement agent, and Balanz Capital Valores S.A.U., Banco Santander Argentina S.A., Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Banco de la Ciudad de Buenos Aires, and Adcap Securities Argentina S.A. acted as placement agents.
Albanesi Group´s US$59,889,072 Senior Notes Offering in the Argentine and International Capital Markets
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 12.50% Class XXXI Notes for US$59,889,072 due May 28, 2027, issued under the Notes Program for an amount up to US$1,000,000,000.
The offer was addressed to the Argentine and International capital markets under the exemptions provided in the US Securities Act of 1933, as amended.
The Class XXXI Notes are secured by an Argentine law-governed collateral trust and first-priority pledges.
The Bank of New York Mellon acted as Class XXXI Notes Trustee, Paying Agent, Registrar, Transfer Agent, and Settlement Agent. Balanz Capital Valores S.A.U. acted as local Registrar. TMF Trust Company (Argentina) S.A. acted as Argentine Collateral Agent and Onshore Trustee. Banco de Servicios y Transacciones S.A., Bull Market Brokers S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Global Valores S.A., SBS Trading S.A. and BACS Banco de Crédito y Securitización S.A. acted as Placement Agents of Class XXXI Notes issued on May 28, 2024, and Balanz Capital Valores S.A.U. acted as Placement Agent of Class XXXI Notes issued on June 4, 2024.
Albanesi Group´s US$ 17,492,182.63 Notes Offering
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 9.50% Class XXXII Notes for US$11,075,280 due May 30, 2026, variable interest rate Class XXXIII Notes for AR$1,109,148,312 due May 30, 2025, and 5.00% Class XXXIV Notes for 4,723,361 UVAs (Unidades de Valor Adquisitivo) due May 30, 2026, issued under the Notes Program for an amount up to US$1,000,000,000.
Banco de Servicios y Transacciones S.A., SBS Trading S.A., Balanz Capital Valores S.A.U., Facimex Valores S.A., Puente Hnos. S.A., Banco Supervielle S.A., Banco Hipotecario S.A., BACS Banco de Crédito y Securitización S.A., Invertir en Bolsa S.A., Invertironline S.A.U., Banco de la Provincia de Buenos Aires, Bull Market Brokers S.A., Macro Securities S.A.U., Banco Santander Argentina S.A., Allaria S.A., Global Valores S.A., Becerra Bursátil S.A. and Adcap Securities Argentina S.A. acted as placement agents of Class XXXII Notes, Class XXXIII Notes and Class XXXIV Notes. SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of the issuance.
Province of Cordoba’s Class 2 Bonds Issuance for AR$ 120,000,000,000 (approximately US$ 134,078,212)
Legal counsel to the Province of Córdoba, as issuer, Banco de la Provincia de Córdoba S.A., as arranger and placement agent, and Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Banco Santander Argentina S.A., Banco Hipotecario S.A., Banco Comafi S.A., Banco de Galicia y Buenos Aires S.A.U., Balanz Capital Valores S.A.U. and Macro Securities S.A., as placement agents, in the issuance of Province of Córdoba’s Class 2 Bonds (the “Class 2 Bonds”), under the Province of Cordoba’s Treasury Bonds Issuance Program for up to US$350,000,000. The payments due under the Class 2 Bonds are secured by a collateral assignment over rights of the Province of Córdoba arising from the Federal Tax Regime (Regimen de Coparticipación Federal). The Class 2 Bonds were issued in an aggregate principal amount of AR$ 120,000,000,000 equivalents to approximately US$ 134,078,212. Principal under the Class 2 Bonds is adjusted by the Reference Stabilization Index (Coeficiente de Estabilización de Referencia) plus a 4.50% interest rate. The Class 2 Bonds are due on May 24, 2027, and are repaid in two (2) amortization installments on November 24, 2026, and May 24, 2027. The proceeds of the Class 2 Bonds will be applied by the Province of Córdoba to the financing of the execution of infrastructure projects that make up the investment plan for the fiscal year 2024.
Celulosa Argentina S.A.’s U$S34,873,114 Class 18 Notes and $4,533,448,945 Class 19 Notes Offering
Counsel to Celulosa Argentina S.A. in the issuance of 9.25% Class 18 Notes for U$S34,873,114 due May 16, 2028 denominated and payable in U.S. dollars and 6.99% over Badlar Rate Class 19 Notes for $4,533,448,945 due May 16, 2025 denominated and payable in Pesos, under its U$S 150,000,000 Global Notes Program.
Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., Invertironline S.A.U, Zofingen Securities S.A., Banco Supervielle S.A., Banco de Galicia y Buenos Aires S.A.U., Adcap Securities Argentina S.A., Banco de la Provincia de Buenos Aires and Banco CMF S.A. acted as placement agents of Class 18 and Class 19 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$ 14,543,784.67 Notes Offering
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 9.50% Class XXVIII Notes for US$5,547,802 due March 8, 2026, variable interest rate Class XXIX Notes for AR$1,696,417,478 due March 8, 2025, 0.00% Class XXX Notes for 6,037,123 UVAs (Unidades de Valor Adquisitivo) due March 8, 2027, and 5.00% Class XXIV additional Notes for US$1,911,133 due July 20, 2025, issued under the Notes Program for an amount up to US$1,000,000,000.
SBS Trading S.A., Banco de Servicios y Transacciones S.A., Invertironline S.A.U., Balanz Capital Valores S.A.U., Nación Bursátil S.A., Bull Market Brokers S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A.U., Facimex Valores S.A., Puente Hnos S.A., Banco Hipotecario S.A., BACS Banco de Crédito y Securitización S.A., Banco Supervielle S.A., Invertir en Bolsa S.A., GMA Capital S.A., Banco Santander Argentina S.A., Don Capital S.A., Banco CMF S.A., Allaria S.A. and Neix S.A. acted as placement agents of Class XXVIII Notes, Class XXIX Notes, Class XXX Notes and Class XXIV additional Notes. SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of the issuance.
Municipality of Cordoba’s Series L Treasury Notes Issuance for AR$ 30,000,000,000
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., Banco Santander Argentina S.A., Banco Hipotecario S.A., Banco Comafi S.A., Banco de Galicia y Buenos Aires S.A.U. and Macro Securities S.A. as placement agents, in the issuance of Municipality of Cordoba’s Series L Treasury Notes (the “Treasury Notes Series L”), under the Municipality of Cordoba’s Treasury Notes Issuance Program. The payments due under the Treasury Notes Series L are secured by certain rights of the Municipality to collect certain contribution charges over the commercial, industrial and services activity. The Treasury Notes Series L were issued on March 21, 2024, for AR$ 30,000,000,000 at an annual floating interest rate equivalent to Badlar plus 6.99%, due on March 16, 2025.
MSU Eenergy S.A.´s ARS$7,831,109,206 Series VIII Notes and US$ 13,987,965 Series X Notes Offering
Counsel to MSU Energy S.A. in the issuance of its 3% Series VIII Notes for ARS$7,831,109,206 denominated, integrated and payable in Pesos, maturing 10 months from the issuance date and its 8.25% Series X Notes for US$ 13,987,965 denominated, integrated and payables in U.S. Dollars, maturing 24 months from the issuance date, under its US$ 900,000,000 Global Notes Program.