We advised the global coordinators and international and local placement agents on Edenor’s US$200 million international issuance of Notes

New Deal - August 19, 2026

On August 5, 2026, Empresa Distribuidora y Comercializadora Norte S.A. (Edenor), Argentina’s largest electricity distributor, issued Additional Class 10 Notes, denominated and payable in US dollars, bearing interest at a nominal annual rate of 9.5% and maturing on April 28, 2033 (the “Maturity Date”), in an aggregate principal amount of US$200,000,000 (the “Additional Class 10 Notes”), under its global notes issuance program for up to US$1,700,000,000 (or its equivalent in other currencies) approved by the Argentine Securities Commission.

The Additional Class 10 Notes are additional to, forming a single class and voting together with, the Class 10 Notes originally issued by Edenor on April 28, 2026 in an aggregate principal amount of US$550,000,000. As a result, the total outstanding amount of the Class 10 Notes amounts to US$750,000,000.

The Additional Class 10 Notes were issued pursuant to Rule 144A and Regulation S under the US Securities Act and were structured through a supplemental indenture dated August 4, 2026, supplemental to the indenture dated April 28, 2026.

The Additional Class 10 Notes are listed on the Official List of the Luxembourg Stock Exchange, Bolsas y Mercados Argentinos S.A. and A3 Mercados S.A.

BofA Securities, Inc.; Banco BTG Pactual S.A. – Cayman Branch; Santander US Capital Markets LLC and UBS Securities LLC acted as Global Coordinators and Joint International Placement Agents, and Latin Securities S.A. acted as Joint International Placement Agent, in connection with the issuance of the Additional Class 10 Notes (together, the “International Placement Agents”). Balanz Capital Valores S.A.U., Banco Mariva S.A., Global Valores S.A., Latin Securities S.A.U., Industrial and Commercial Bank of China (Argentina) S.A.U. and Banco Santander Argentina S.A. acted as local placement agents (together, the “Local Placement Agents”).

The Bank of New York Mellon acted as Trustee, Co-Registrar, Principal Paying Agent and Transfer Agent under the indenture (as supplemented from time to time) entered into with Edenor and with Banco de Valores S.A., the latter in its capacity as Trustee’s Representative in Argentina, Registrar, Transfer Agent and Paying Agent in Argentina.

Legal advisers to Edenor under US and Argentine law

DLA Piper advised Edenor, in its capacity as issuer, under New York and Argentine law, through partners Tom Levato and Marcelo Etchebarne, of counsel Nicolás Teijeiro, and associate Daiana Suk (New York law); and partner Alejandro Noblía, associates Federico Vieyra, Ignacio Comparato, Martina Mastandrea, and paralegal Maia Klein (Argentine law).

Edenor in-house legal counsel

Edenor received in-house legal advice, in its capacity as issuer, from Director of Legal and Regulatory Affairs María José Pérez Van Morlegan, Legal Affairs Manager Federico Ponelli, Senior Attorney Sabrina Belén Hernández and Attorney Marcos Mogni.

Legal advisers to the International Placement Agents and the Local Placement Agents under US law

Clifford Chance US LLP advised the International Placement Agents and the Local Placement Agents under US law, with a team led by partner Hugo F. Triaca and including associates Cristian Ragucci and Juan Andrés Bosch.

Legal advisers to the International Placement Agents and the Local Placement Agents under Argentine law

Bruchou & Funes de Rioja advised the International Placement Agents and the Local Placement Agents under Argentine law, with a team led by partner Alejandro Perelsztein and associates Ramón Augusto Poliche, Juan María Rosatto, Gonzalo Javier Vilariño and Mariana Carbajo.

Legal advisers to the Trustee, Co-Registrar, Principal Paying Agent and Transfer Agent

Reed Smith LLP advised the Trustee, Co-Registrar, Principal Paying Agent and Transfer Agent.

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