We advised the transaction agents in Capex S.A.’s issuance of Notes for US$70,000,000

New Deal - September 25, 2023

Capex S.A. (“Capex“), an Argentinean integrated energy company engaged in oil and gas exploration and production, thermal and renewable power generation, and hydrogen production, successfully completed the placement and issuance in the local market of: (i) Series VI (“Notes Series VI“) corporate bonds, for US$ 30,676,500, at a purchase price of 116,30%, due September 7, 2026; and (ii) Series VII (the “Notes Series VII” and, together with Notes Series VI, the “Notes“) corporate bonds, for US$ 39,323,500, at a purchase price of 100%, due September 7, 2027; at a fixed annual interest rate of 0.00%, denominated in Dollars and subscribed, integrated and payable in Pesos.

The Notes were issued on September 7th, 2023, under the Non-Convertible Simple Notes Program for up to USD$ 600,000,000 (or its equivalent in other currencies or units of value) (the “Program“).

Capex was advised by Salaverri, Burgio & Wetzler Malbrán; while Banco de Galicia y Buenos Aires S.A.U., Banco CMF S.A., Banco Santander Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., SBS Trading S.A., Banco Mariva S.A., Banco de Servicios y Transacciones S.A., Banco Hipotecario S.A., Banco Patagonia S.A., BACS Banco de Crédito y Securitización S.A., Banco BBVA Argentina S.A., TPCG Valores S.A.U., Banco Comafi S.A., Banco Supervielle S.A., Macro Securties S.A.U. and Galicia Securities S.A., acted as placement agents (the “Transaction Agents”), and them were advised by Bruchou & Funes de Rioja.

Law firms that provided legal and financial advice

Legal advisors to Capex: Salaverri, Burgio & Wetzler Malbrán: Partner Roberto Lizondo. Associates Delfina Meccia and Santiago Linares Luque.

Norberto Larrosa, Nicolás Buhler and Enrique Estevez Marin as in-house counsels, and Matías Salerno, Leonardo D’Alessandro, Claudio Armada and Gabriela Mercorelli as in-house financial advisors.

Legal advisors to the Transaction Agents: Bruchou & Funes de Rioja: Partner Alejandro Perelsztein. Associates Leandro Exequiel Belusci, Josefina Mortola Saiach and Sofia Maselli.