We advised YPF on the issuance of Notes for US$108,948,450
Bruchou & Funes de Rioja advised YPF S.A. and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A., Banco Santander Argentina S.A., Balanz Capital Valores S.A.U., Cucchiara & Cía. S.A., Macro Securities S.A.U., Allaria S.A., SBS Trading S.A., Banco Patagonia S.A., Banco Supervielle S.A., Invertironline S.A.U., Banco Mariva S.A., Adcap Securities Argentina S.A., PP Inversiones S.A., Petrini Valores S.A., One618 Financial Services S.A.U., Banco CMF S.A. and Invertir en Bolsa S.A. as placement agents, in YPF S.A.’s issuance of (i) additional class XXXIX notes for an aggregate value of US$57,565,044 (the “Additional Class XXXIX Notes”); and (ii) class XL notes for an aggregate value of US$51,383,412 (the “Class XL Notes”, and together with Additional Class XXXIX Notes, the “Notes”).
The Additional Class XXXIX Notes are denominated and will be payable in US dollars offshore, will accrue interest at a fixed rate of 8.75% and will mature on July 22, 2030.
The Class XL Notes are denominated and will be payable in US dollars in Argentina, will accrue interest at a fixed rate of 7.50% and will mature on August 28, 2028.
The Notes were listed on BYMA and admitted for trading on A3 Mercados.
YPF S.A. is a company dedicated to the exploitation of hydrocarbon products and their derivatives in Argentina. The company’s stocks are publicly traded both in Argentinian local markets as well as in the NYSE (New York Stock Exchange).
Legal counsel to YPF S.A.
Bruchou & Funes de Rioja: Partners José María Bazán and Leandro Exequiel Belusci, and associates Branko Serventich and Gonzalo Javier Vilariño.
Internal Legal counsel to YPF S.A.
Paola Garbi, Fernando Gomez Zanou, Valeria Moglia, Francisco Gaspari and Marina Quinteiro.
Legal counsel to the Placement Agents:
TCA Tanoira Cassagne: Partners Alexia Rosenthal and Ignacio Criado Díaz and associates Carolina Mercero and Stefanía Lo Valvo.