We advised Vista Energy Argentina on a US$250,000,000 international syndicated loan
Banco Santander S.A., as lender (“Santander”), and Itaú Unibanco S.A. Nassau Branch, as lender and administrative agent (“Itaú”, and together with Santander, the “Banks”), granted a syndicated loan to Vista Energy Argentina S.A.U. (“Vista Argentina”) for a total amount of US$250,000,000.
Vista Argentina is a leading shale oil-focused company engaged in the exploration and production of oil and natural gas in Argentina, operating since April 2018. It is the largest independent oil producer in Argentina and in Vaca Muerta, the most extensive shale oil and gas play under development outside North America. Vista Argentina is a subsidiary of Vista Energy S.A.B. de C.V., a Mexican publicly traded corporation with shares listed on the Mexican Stock Exchange and ADSs listed on the New York Stock Exchange.
Counsel to Vista
Cleary Gottlieb Steen & Hamilton LLP acted as New York legal counsel through its team led by partner Manuel Silva, together with associate Rodrigo Lopez Lapeña.
Bruchou & Funes de Rioja acted as local legal counsel, with a team led by partner José María Bazán, together with associates Ramón Augusto Poliche, Branko Serventich and Sofia Maselli.
Counsel to the Banks
Linklaters LLP acted as New York counsel through its team led by partners Michael Bassett and Emilio Minvielle, together with associate Thomas Tiphaine Koffman.
Salaverri Burgio Wetzler Malbrán acted as local legal counsel through its team led by partners Roberto Lizondo and Josefina Ryberg, together with associates Rodrigo Durán Libaak and Valentina Buschiazzo Ripa.