We acted as counsel on the MSU Energy S.A.’s issuance Class VI Notes for an amount of US$ 45,593,670
Tavarone, Rovelli, Salim & Miani acted as legal counsel to MSU Energy S.A. while Bruchou & Funes de Rioja acted as legal counsel to Banco Supervielle S.A., Banco Itaú Argentina S.A., Banco Santander Argentina S.A., Banco de Servicios y Transacciones S.A., Banco Mariva S.A., Industrial Valores S.A., Allaria Ledesma & Cía S.A., Balanz Capital Valores S.A.U, Itaú Valores S.A., Facimex Valores S.A., Puente Hnos S.A., Banco de la Provincia de Buenos Aires, Invertir Online S.A., Global Valores S.A., SBS trading S.A., Nación Bursátil S.A. and Banco Piano S.A. in the Argentine public offering of 9% Series VI Notes for US$ 45,593,670 issued on November 2, 2022, and due November 2, 2024, under its US$ 285,000,000 Global Notes Program.
In the context of the issuance, MSU Energy S.A. launched a consent solicitation to the holders of MSU Energy S.A.’s senior secured floating rate notes due 2024, issued in an aggregate amount of U$S 250,300,000 (the “Notes due 2024”), in order to make some amendments to the terms and conditions of the Indenture dated as of May 7, 2020. The amendments were adopted through the holder’s meeting held on October 24, 2022 (the “Consent Solicitation”).
Read more: We acted as counsel on the MSU Energy S.A.’s issuance Class VI Notes for an amount of US$ 45,593,670The Series VI Notes funds will be used to make part of the repayments under Notes due 2024, due 2023, in accordance with clause 3.17.3 of the Argentine Central Bank’s Texto Ordenado de Exterior y Cambios.
External Counsels to MSU Energy S.A. in the public offering of Series VI Notes and the Consent Solicitation process concerning Argentine law
Tavarone, Rovelli, Salim & Miani through its team led by partner Francisco Molina Portela, together with associates Fiorella Ascenso Sanabria, Ramiro Catena and Agustín Ponti.
External Counsel to Banco Supervielle S.A., Banco Itaú Argentina S.A., Banco Santander Argentina S.A., Banco de Servicios y Transacciones S.A., Banco Mariva S.A., Industrial Valores S.A., Allaria Ledesma & Cía S.A., Balanz Capital Valores S.A.U, Itaú Valores S.A., Facimex Valores S.A., Puente Hnos S.A., Banco de la Provincia de Buenos Aires, Invertir Online S.A., Global Valores S.A., SBS trading S.A., Nación Bursátil S.A. and Banco Piano S.A. in the public offering of Series VI Notes
Bruchou & Funes de Rioja through its team led by partner José María Bazán, together with associates Leandro Exequiel Belusci, Ramón Augusto Poliche and Facundo Martín Suárez Loñ.
External Counsels to Citibank N.A., as trustee on behalf of Notes due 2024 holders, in the Consent Solicitation process concerning Argentine law
TCA Tanoira Cassagne through its team led by partner Alexia Rosenthal, together with associate Ignacio Criado Diaz.
External Counsels to MSU Energy S.A. in the Consent Solicitation process concerning New York law
Simpson Thacher & Bartlett LLP through its team led by partner Juan M. Naveira together with associates Antonio Ribichini and Paulina Bracamontes.
External Counsels to Citibank N.A., as trustee on behalf of Notes due 2024 holders, in the Consent Solicitation process concerning New York law
Alston & Bird LLP through its team led by partner Adam Smith, together with associate Natalia Souza.
