We advised Vista Energy Argentina on the issuance of Notes for US$135,000,000

New Deal - March 17, 2023

On March 3, Vista Energy Argentina S.A.U. (“Vista“) issued the simple non-convertible into shares Class XVIII and Class XIX Notes, both denominated in U.S. Dollars, integrated and payable in Pesos (the “Notes”). Class XVIII was issued for US$118,542,307 and Class XIX for US$16,457,693, totaling US$135,000,000. The Notes were issued under the company’s Global Program of up to US$800,000,000 (or its equivalent in other currencies or units).

Class XVIII will not accrue interest and will repay 100% of the principal on the maturity date, March 3, 2027. Class XIX will accrue interest at a rate of 1% per annum. and will repay 100% of the principal on the maturity date, March 3, 2028.

The Notes were admitted for listing on Bolsas y Mercados Argentinos S.A., and authorized for trading at Mercado Abierto Electrónico S.A. On February 27th, Moody’s Local AR Agente de Calificación de Riesgo S.A. locally rated the Notes as “AAA.ar”.

For both Series, the placement agents were Allaria Ledesma & Cía. S.A., BACS Banco de Crédito y Securitización S.A., Balanz Capital Valores S.A.U., Banco BBVA Argentina S.A., Banco Comafi S.A., Banco de Galicia y Buenos Aires S.A.U., Banco de la Provincia de Buenos Aires, Banco de Servicios y Transacciones S.A., Banco Hipotecario S.A., Banco Itaú Argentina S.A., Banco Macro S.A., Banco Patagonia S.A., Facimex Valores S.A., Global Valores S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Industrial Valores S.A., Invertir en Bolsa S.A., Itaú Valores S.A., Macro Securities S.A.U., Max Capital S.A., PP Inversiones S.A., Puente Hnos. S.A., and SBS Trading S.A. (all together, the “Placement Agents”). In turn, the arrangers were Banco Macro S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Itaú Argentina S.A. and Banco BBVA Argentina S.A. (all together, the “Arrangers”).

Counsel to Vista

Bruchou & Funes de Rioja: team led by José María Bazán, assisted by Ramón Augusto Poliche, Josefina Mortola Saiach and Branko Serventich.

In-house counsel: Florencia Hardoy y Rosario Maffrand.

Counsel to Placement Agents and Arrangers

Beccar Varela: team led by Luciana Denegri, assisted by María Inés Cappelletti and Julián Ojeda.