We advised on Tecpetrol’s Notes issuance for $21,137,875,000

New Deal - July 25, 2023

Bruchou & Funes de Rioja advised Banco de Galicia y Buenos Aires S.A.U. and Banco Santander Argentina S.A. (the “Bookrunners and Placement Agents”) and Balanz Capital Valores S.A.U., TPCG Valores S.A.U. y Banco Patagonia S.A. (together with Bookrunners and Placement Agents, the “Placement Agents”), as placement agents, in Tecpetrol S.A.’s issuance of Series 6 Notes for an aggregate value of $21,137,875,000, subscribed under its Program for the Issuance of Simple Notes (Non-Convertible into Shares) for up to US$1,000,000,000 (or its equivalent in other currencies).

The Series 6 Notes are denominated in pesos, maturing on January 13, 2025, with a variable annual nominal interest rate equivalent to the BADLAR rate plus a margin of 3%.

The Series 6 Notes were listed on MAE and BYMA.

Tecpetrol S.A. is a company dedicated to the exploration, production, transportation and distribution of hydrocarbon products, and the generation of electric energy.

Legal counsel to the Placement Agents
Bruchou & Funes de Rioja: Partner Alejandro Perelsztein and associates Leandro Exequiel Belusci, Facundo Suárez Loñ and Teo Panich.

Legal counsel to Tecpetrol S.A.
FINMA S.A.I.C.: Fernando Moreno and Clara Sereday.