We advised AES Argentina Generación S.A. in a syndicated loan worth AR$49.4 billion (US$60 million)

New Deal - March 1, 2024

Bruchou & Funes de Rioja helped AES Argentina Generación S.A. (“AES Argentina”), a leading private energy generation company in Argentina, and Martínez de Hoz & Rueda advised the lenders, in a syndicated loan worth Argentine pesos 49.4 billion (US$60 million).

The lenders included Banco de Galicia y Buenos Aires S.A.U. and Banco Santander Argentina S.A. In addition, Industrial and Commercial Bank of China (Argentina) S.A.U. provided a guarantee with respect to a tranche of the loan.

The transaction closed on January 29, 2024.

Counsel to AES Argentina:

Bruchou & Funes de Rioja’s Banking & Capital Markets Department – Partner José Bazán and associates Josefina Mortola Saiach and Facundo Suarez Loñ.

In-house counsel – Iván Durontó and Paula Capparelli.

Counsel to Banco de Galicia y Buenos Aires, Banco Santander Argentina and ICBC Argentina:

Martínez de Hoz & Rueda – Partner José Martínez de Hoz (Nieto) and associate Luisina Luchini.

In-house counsel to Banco Galicia – Fiorella Paola Ascenso Sanabria.

In-house counsel to Santander Argentina – Cecilia Ramos.

In-house counsel to ICBC Argentina – Tomás Koch and Sonia Lannutti.