We advised YPF Luz on the issuance of Notes for US$79,946,259
Bruchou & Funes de Rioja advised YPF Energía Eléctrica S.A. (“YPF Luz”) and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A., Banco Santander Argentina S.A., Banco de la Provincia de Buenos Aires, SBS Trading S.A., Allaria S.A., Macro Securities S.A.U., Balanz Capital Valores S.A.U., Global Valores S.A., PP Inversiones S.A., Invertironline S.A.U., Banco Mariva S.A., Banco Supervielle S.A., Banco BBVA Argentina S.A. and Adcap Securities Argentina S.A., as arrangers and placement agents (the “Arrangers and Placement Agents”), in the successful issuance of Class XXII Notes for an amount of US$79,946,259, denominated and payable in U.S. dollars, with a fixed rate of 6.00%, maturing on October 3, 2026 (the “Notes”).
The Notes were listed on A3 Mercados S.A. (“A3 Mercados”) and Bolsas y Mercados Argentinos S.A. (“BYMA”), and were rated by Moody’s Local AR ACR S.A. as a short-term issuer ML A-1.ar and a long-term issuer AAA.ar with a stable outlook.
YPF Luz is one of the main electric power generation companies in Argentina, mainly engaged in the production, commercialization and development of electric power generation projects from renewable (wind and solar) and thermal (gas powered) sources.
Legal counsel to YPF Luz
Bruchou & Funes de Rioja‘s Banking & Capital Markets Department: Partners José María Bazán and Leandro Belusci, and associates Lucia De Luca and Francisco Mendioroz.
In-house legal advisors of YPF Energía Eléctrica S.A.: Carlos Ariosa and José María Krasñansky.
Legal counsel to the Arrangers and Placement Agents
TCA Tanoira Cassagne: Partners Alexia Rosenthal and Ignacio Criado Díaz and associates Carolina Mercero and Stefania Lo Valvo.
