Banking & Capital Markets – Debt Capital Markets
Grupo Albanesi successfully completed the offering of US$7,707,573 Class VII Notes due March 11, 2023 and Class VIII Notes for 41,936,497 UVAs (Unidades de Valor Adquisitivo) equal to $2,915,844,706 due March 11, 2023 issued by Generación Mediterránea S.A. and Central Térmica Roca S.A. under their US$700,000,000 Global Notes Program. Class VII has a fixed annual nominal rate equivalent to 6%, Class VIII has a fixed annual nominal rate equivalent to 4.60%, and a portion of both classes were issued in exchange of: Class III Notes issued by Albanesi S.A. on June 15, 2017 for $255,826,342; and/or Class VIII Notes issued by Generación Mediterránea S.A. on August 29, 2017 for $312,884,660; and/or Class XI Notes issued by Generación Mediterránea S.A. on June 23, 2020 for US$ 9,876,755; and/or Class IV Notes issued by Central Térmica Roca S.A. on July 24, 2017 for $291,119,753.
Bruchou, Fernández Madero & Lombardi acted as legal counsel to SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arranger agents, to Banco de Servicios y Transacciones S.A, SBS Trading S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., TPCG Valores S.A.U., Macro Securities S.A. and Allaria Ledesma & Cía. S.A. acted as placement agents and to BACS Banco de Crédito y Securitización S.A., Facimex Valores S.A., Banco Supervielle S.A., Sociedad de Bolsa Centaurus S.A. and AdCap Securities Argentina S.A. acted as sub-placement agents of Class VII Notes and Class VIII Notes.
The Class VII Notes are denominated in U.S. dollars and payable in Argentine pesos and the Class VIII Notes are denominated in UVAs and payable in Argentine pesos.
Bruchou, Fernández Madero & Lombardi through its team led by partner Bazán, José María and associates Belusci, Leandro Exequiel and Dorado, Lucila.
