We advised Distribuidora de Gas del Centro S.A., its selling shareholders and the placement agents on the first initial public offering in Argentina in the last 6 years

Bruchou & Funes de Rioja advised on the IPO of Distribuidora de Gas del Centro S.A. (DGCe), through secondary sales by certain shareholders.

The transaction is a financial milestone, as it is the first IPO in Argentina in the past six years.

DGCe, is one of the leading gas suppliers in Argentina and operates under the trademark Ecogas (which it shares with Distribuidora de Gas Cuyana S.A.).

Banco de Valores S.A., Puente Hnos. S.A. and Balanz Capital Valores S.A.U., participated as Arrangers and Placement Agents of the offered shares.

Legal counsel to Distribuidora de Gas del Centro S.A.

Bruchou & Funes de Rioja‘s Banking & Capital Markets team: Partner José María Bazán and associates Josefina Mortola Saiach, Facundo Suarez Loñ and Sofía Maselli.