We advised on Tecpetrol S.A.’s Series 5 Notes issuance for $32,897,900,000
Bruchou & Funes de Rioja advised Tecpetrol S.A. and Balanz Capital Valores S.A.U., Banco de Galicia y Buenos Aires S.A.U., Banco Itaú Argentina S.A., Banco Santander Argentina S.A., Itaú Valores S.A. and Puente Hnos. S.A. (the “Placement Agents”), as placement agents, in Tecpetrol S.A.’s issuance of Series 5 Notes for an aggregate value of $32,897,900,000, subscribed under its Program for the Issuance of Simple Notes (Non-Convertible into Shares) for up to US$1,000,000,000 (or its equivalent in other currencies).
The Series 5 Notes are denominated in pesos, maturing on July 16, 2024, with a variable annual nominal interest rate equivalent to the BADLAR rate plus a margin of 2,00%.
The Series 5 Notes were listed on MAE and BYMA.
Tecpetrol S.A. is a company dedicated to the exploration, production, transportation and distribution of hydrocarbon products, and the generation of electric energy.
Legal counsel to Tecpetrol S.A.
FINMA S.A.I.C.: Fernando Moreno and Clara Sereday.
Legal counsel to the Placement Agents
Bruchou & Funes de Rioja: Partner Alejandro Perelsztein and associates Leandro Exequiel Belusci and Facundo Suárez Loñ.
