We advised the local placement agents on the issuance of Notes by Tecpetrol for US$450.000.000
Tecpetrol S.A. (“Tecpetrol”) successfully completed its offering of US$ 450,000,000 additional class 10 notes with a yield of 7.250% due 2033 (the “Notes”). Tecpetrol S.A. is a leading company in the oil and gas industry, with activities that include the exploration, production, and development of hydrocarbon fields.
The Notes were issued on September 14, 2026, and were placed in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. Tecpetrol will use the proceeds from the offering in accordance with the requirements of Article 36 of the Negotiable Obligations Law.
Balanz Capital Valores S.A.U., Banco Santander Argentina S.A., Macro Securities S.A.U., Banco de Galicia y Buenos Aires S.A., Latin Securities S.A.U., Industrial and Commercial Bank of China (Argentina) S.A.U. and Banco Mariva S.A. acted as local placement agents (the “Local Placement Agents”).
Tecpetrol S.A.
FINMA S.A.I.F. acted as Argentine counsel to Tecpetrol through Fernando Moreno, Clara Sereday and Eleonora Cimino.
Linklaters LLP acted as New York counsel to Tecpetrol through partners Matthew Poulter and Emilio Minvielle, and associate Madeleine Bléhaut.
Initial Purchasers and Local Placement Agents
A&O Shearman acted as New York counsel to the Initial Purchasers through partner Alejandro A. Gordano, associate Gonzalo Robles and visiting attorney Inés Espina.
Bruchou & Funes de Rioja acted as Argentine counsel to the Local Placement Agents through partner Alejandro Perelsztein, and associates Sebastián Pereyra Pagiari, Gonzalo Javier Vilariño and Delfina Amaya Toustau.
