We advised CAF on an A/B loan granted to Pan American Energy, S.L., Sucursal Argentina
Pan American Energy, S.L., Argentine Branch (“PAE”), a leading integrated energy company in the industry, which conducts upstream and downstream operations in Argentina, entered into on June 12, 2026, an A/B loan with Corporación Andina de Fomento (“CAF”) for a principal amount of up to US$400,000,000, maturing in 2034.
Counsel to PAE
In-house counsel: Juan Pablo Fratantoni, Dolores Reimundes and Teo Panich.
New York counsel:
A&O Shearman: Partner Augusto Ruiloba and associates Catalina Beccar Varela and Henry Nowland.
Local counsel:
Martínez de Hoz & Rueda: Partners José Martínez de Hoz (nieto) and Pablo Nisim Schreiber, and associate Jimena Torres.
Counsel to CAF
In-house counsel: Gonzalo Soriano and Daniel Vargas.
New York counsel:
Clifford Chance US LLP: Partner Fabricio Longhin and associates Cristian Ragucci and Fernando Liu.
Local counsel:
Bruchou & Funes de Rioja: Partner José Bazán and associate Manuel Etchevehere.
Spanish counsel:
J&A Garrigues S.L.P.: Partners Marcos Botella and Jon Goirigolzarri.
