Bruchou advise on the issuance of Neuquén

Bruchou & Funes de Rioja - April 9, 2021

Bruchou advise on the issuance of secured Treasury Notes of the Province of Neuquén


The Province of Neuquén (the “Province”), has successfully issued the Series I Class 1 Treasury Notes maturing on April 7, 2022, for a total aggregate amount of AR$, with a nominal annual variable rate equivalent to the Badlar rate plus a margin of 8%, 1 (“ Serie I Treasury Notes”), under the Province’s Global Treasury Notes Program for the year 2021, created by Provincial Decree N°370/21, within the aggregate amount of AR$ (pesos seven billion) or its equivalent in other currencies, expandable, in accordance with the article 29 and concordant of Provincial Law N°3275 (the “Program”). The issuance date of the Treasury Notes Serie I was on April 7, 2021.

Banco Provincia del Neuquén S.A. acted as principal arranger, placement agent and calculation agent; Banco de Galicia y Buenos Aires S.A.U. and Banco Macro S.A. acted as co-arrangers; and Banco de Galicia y Buenos Aires S.A.U., Macro Securities S.A., AdCap Securities Argentina S.A., Banco Patagonia S.A., Balanz Capital Valores S.A.U., Banco de Servicios y Transacciones S.A. y Compañía Financiera Argentina S.A. acted as co-placement agents.


Bruchou, Fernández Madero & Lombardi acted as advisor of the co-arrangersand co-placement agents whit a team lead by Perelsztein, Alejandro and associates Belusci, Leandro Exequiel and Etchevehere, Manuel.


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