Generación Frías’s AR$120 million Class I Notes Issuance and U$S 12 million Commercial Financing
Legal counsel to Generación Frías S.A., an Albanesi Group company located in Argentina, for the Issuance of Class I Notes for AR$ 120 million under the U$S 50 million Global Notes Programme and to Albanesi S.A. and R.G. Albanesi S.A as guarantors. Banco de Servicios y Transacciones S.A. y SBS Trading S.A. (ex SBS Sociedad de Bolsa S.A.) acted as arrangers and placement agents; Banco Macro S.A. acted as arranger and Macro Securities SA. participated as placement agent. In addition, PW Power Systems Inc. granted a partial financing of the unit purchase price for US$ 12 million for a period of four years. The financings were granted for the (i) sale, storage, installation, operation and maintenance of the job site to be located at Frías, Santiago del Estero and (ii) acquisition of one FT4000™ SwiftPac® 60 DF 60 MW. (2014)
AR$ 30 million syndicated loan granted to Credinea S.A.
Legal counsel to Banco de Servicios y Transacciones S.A., Banco Comafi S.A., Nuevo Banco de Santa Fe S.A. and Banco del Neuquén S.A., as lenders in a sindicated financial loan granted to Credinea S.A. for an aggregate of AR$ 30,000,000. (2014)
Amendment and Renewal of Syndicated Bank Loan of AR$ 144.5 million
Legal Counsel of the Borrower.
Counsel of Generación Mediterránea S.A. in the amendment and renewal of a syndicated bank loan of $ 144.500.000. Acted as syndicated financial Organizers, Industrial and Commercial Bank of China S.A. and Banco Itaú Argentina S.A. (2014)
$ 30 million international secured financial loan and AR$ 85 million domestic syndicated loan
Legal counsel to Central Térmica Roca S.A., an Albanesi Group company located in Argentina, in an international secured financial loan for an aggregate of $ 30,000,000 granted by Credit Suisse International –as lender - and Credit Suisse AG, London Branch -as administrative agent. In addition, ICBC Bank Argentina S.A. –as arranger and administrative agent -, Banco Itaú Argentina S.A. –as arranger - and Banco de la Ciudad de Buenos Aires granted Central Térmica Roca un domestic sindicated loan for an aggregate of AR$ 85,000,000. The loans were granted to finance (i) refurbishing of the turbine located in the company’s 126 MW electricity generation plant; (ii) its conversion to dual mode in order to enable it operate both with natural gas and gas oil; and (iii) the construction of certain facilities within the plant (2012).
AR$ 17 million syndicated financial loan granted to Energía de San Juan
Legal counsel to Banco de Servicios y Transacciones S.A., Banco HipotecarioS.A. and Banco de La Pampa S.E.M., as lenders in a sindicated financial loan granted to Energía de San Juan S.A. for an aggregate of AR$ 17,000,000. (2013)
$ 50 million secured financial loan granted to Profertil
Legal counsel to Credit Suisse International –as lender - and Credit Suisse AG, London Branch -as administrative agent- in a secured international financial loan granted to Profertil S.A. for an aggregate of $50,000,000. The loan was granted to finance the expansion of the company’s urea production facility located in the City of Bahía Blanca, Buenos Aires Province. (2013)