We advised YPF Luz in the international issuance of Notes for US$ 420,000,000
On October 16, 2024 YPF Energía Eléctrica S.A. (“YPF Luz”), one of the main electric power generation companies in Argentina, issued its 7,875% senior notes due 2032, for an aggregate principal amount of US$ 420,000,000, under the frequent issuer regime from the Argentine Securities Commission (Comisión Nacional de Valores).
The Notes will be listed on the Official List of the Luxembourg Stock Exchange for trading on the Euro MTF Market of the Luxembourg Stock Exchange, on the Mercado Abierto Electrónico and Bolsas y Mercados Argentinos.
YPF Luz will use the proceeds to redeem all of its outstanding Series II Notes.
Counsel to YPF Luz
Bruchou & Funes de Rioja‘s Banking & Capital Markets Department acted as legal counsel through its team lead by partner José Bazán and associates Leandro Belusci, Malena Tarrío and Lucía De Luca.
Simpson Thacher & Bartlett LLP acted as New York legal counsel through its team led by partners Juan Francisco Mendez and Juan M. Naveira, the associate Jon Vicuña, and international associates Matías Allende and Santiago Osorio.
In-House Counsel to YPZ Luz
YPF Luz was advised by its in-house attorneys Carlos Ariosa and José María Krasñansky.
Counsel to the Initial Purchasers and the Local Placement Agents
TCA Tanoira Cassagne acted as legal counsel through its team lead by partners Alexia Rosenthal and Ignacio Criado Díaz and associates Carolina Mercero andStefanía Lo Valvo.
A&O Shearman acted as New York legal counsel through its team led by partner Alejandro A. Gordano, the associate Gonzalo Robles and the visiting attorneys Moisés Gonzalez Arroyo and Defina Meccia.
Counsel to the Trustee, Co-Registrar, Principal Paying Agent and Transfer Agent
Jones Walker LLP acted as legal counsel through its team led by partner Wish Ziegler.
