We advised on CGC’s new issuance for US$42,273,005

New Deal - January 27, 2023

Bomchil advised Compañía General de Combustibles S.A. and Bruchou & Funes de Rioja acted as counsel to the book-running managers and placement agents on the issuance of 1.00% Dollar- Linked Notes Series 29 due in January 2027 for an aggregate amount of US$42,273,005.

The issuance took place on January 19, 2023 under the company’s Frequent Issuer Regime. The proceeds from the placement of the Notes Series 29 will be applied by 75% to investments in assets located in Argentina, and by 25% to any of the following destinations: (i) debt refinancing; (ii) working capital in Argentina; (iii) acquisition of goodwill located in Argentina; and/or (iv) capital contributions in companies controlled or linked to the Company, acquisition of company shares and/or financing of the course of its business.

Banco de Galicia y Buenos Aires S.A.U., Industrial and Commercial Bank of China (Argentina) S.A.U. and Banco Santander Argentina S.A. acted as book-running managers and placement agents; while Allaria Ledesma & Cía. S.A., Latin Securities S.A., BACS Banco de Crédito y Securitización S.A., Balanz Capital Valores S.A.U., Banco Mariva S.A., Banco Hipotecario S.A., Facimex Valores S.A., Banco de la Provincia de Buenos Aires and Banco Patagonia S.A. acted as placement agents.

The notes are listed In Bolsas y Mercados Buenos Aires S.A. and admitted for trading in Mercado Abierto Electrónico S.A.

Counsel to Compañía General de Combustibles S.A.:

Bomchil: Partner: Fermín Caride. Associates: Luciano Zanutto, Benjamín Anaya and Delfina Ortega.

Counsel to the Placement Agents:

Bruchou & Funes de Rioja: Partner: José Bazán. Associates: Leandro Belusci and Josefina Mortola Saiach.