We advised the placement agents on Oiltanking Ebytem’s issuance of Notes for US$17,754,443
TCA Tanoira Cassagne (“TCA”) advised Oiltanking Ebytem S.A. (“Oiltanking” or the “Issuer” interchangeably) and Bruchou & Funes de Rioja advised Banco Galicia, Banco Santander Argentina, Balanz Capital Valores, Banco Patagonia, Banco Comafi, Macro Securities, Invertir en Bolsa and Max Capital as placement agents (collectively, the “Placement Agents”), in the placement of the (i) Additional Series I Notes for a nominal amount of US$3,862,222, additional to the Series I notes originally issued by Oiltanking on March 3, 2023, at a 0.00% rate denominated in US dollars and payable in Argentine Pesos at the applicable exchange rate, maturing on March 3, 2026; and (ii) Additional Series II Notes for a nominal amount of US$13,892,221, additional to the Series II notes originally issued by Oiltanking on April 24, 2024 at a 7.00% rate denominated and payable in US dollars, maturing on April 24, 2027.
Oiltanking stands out as one of the leading companies in the provision of hydrocarbon services in Argentina, including the reception, storage and pumping of crude oil.
Legal Counsel of the Issuer: TCA through a team led by Partners Alexia Rosenthal and Jaime Uranga; and Associates: Juan Sanguinetti, Juan Manuel Simó and Stefania Lo Valvo.
Legal counsel to the Placement Agents: Bruchou & Funes de Rioja’s Banking & Capital Markets Department through a team led by Partner José María Bazan and Associates: Leandro Exequiel Belusci, Facundo Martín Suárez Loñ and Agustín Caputo.
