Bomchil and Bruchou acted as counsel in the issuance of notes by Compañía General de Combustibles S.A.
Bomchil has advised Compañía General de Combustibles S.A. (the “Company”) and Bruchou, Fernández Madero & Lombardi acted as counsel to the Arrangers and Placement Agents on the recent issuance of: (i) 9,00% Notes Series 12 due in June 2021 (Obligaciones Negociables Clase 12) for an amount of US$15.310.245, denominated and payable in U.S. Dollars; (ii) 8,50% Notes Series 13 due in June 2021 (Obligaciones Negociables Clase 13) for an amount of US$14.343.535 denominated in U.S. Dollars and payable in Argentine Pesos at the prevailing exchange rate; and (iii) Notes Series 14 Due in March 2021 (Obligaciones Negociables Clase 14) denominated and payable in Argentine Pesos for an amount of $314.608.906 at a floating annual interest rate equivalent to BADLAR, based on an agreed formula, plus 5.00%.
The issuance of the notes took place on March 10, 2020 under the Frequent Issuer Regime of the Company.
Banco de Galicia y Buenos Aires S.A.U., Industrial and Commercial Bank of China (Argentina) S.A. and Banco Santander Río S.A. acted as book-running managers and placement agents, while Allaria Ledesma & Cía. S.A., AR Partners S.A., Macro Securities S.A., Puente Hnos. S.A. y TPCG Valores S.A.U. acted as placement agents.
The notes are listed in Bolsas y Mercados Buenos Aires S.A. and Mercado Abierto Electrónico S.A.
Counsel to the Company:
Bomchil: Partner: Fermín Caride. Associates: María Victoria Tuculet, Cristian Fera.
Counsel to the Placement Agents: Bruchou, Fernández Madero & Lombardi: Partner: José Bazán. Associates: Leandro Belusci y Lucila Dorado.[/vc_column_text][/vc_column][/vc_row]