We advised YPF Luz on the issuance of Notes for US$50,000,000
Bruchou & Funes de Rioja advised YPF Energía Eléctrica S.A. (“YPF Luz”) and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A., Banco Santander Argentina S.A., Balanz Capital Valores S.A.U., SBS Trading S.A., Banco BBVA Argentina S.A., Banco Patagonia S.A., Banco de la Provincia de Buenos Aires, Global Valores S.A., Macro Securities S.A.U., One618 Financial Services S.A.U., PP Inversiones S.A., Banco Mariva S.A. and Allaria S.A., as arrangers and placement agents (the “Arrangers and Placement Agents”), in the successful issuance of Class XXII Notes for an amount of US$50,000,000, denominated and payable in U.S. Dollars in Argentina, with a fixed rate of 5.00% and maturing on August 18, 2029 (the “Notes”).
The Notes were listed on A3 Mercados S.A. (“A3 Mercados”) and Bolsas y Mercados Argentinos S.A. (“BYMA”) and were rated by FIX SCR S.A. as AAA.ar with a stable outlook.
YPF Luz is the largest “pure play” power generation in Argentina, mainly engaged in the production, commercialization and development of electric power generation projects from renewable (wind and solar) and thermal (gas powered) sources.
Legal counsel to YPF Luz
Bruchou & Funes de Rioja: Partners José María Bazán and Leandro Belusci, and associates Francisco Mendióroz, Sebastián Pereyra Pagiari and Marco Haas.
In-house Legal advisors of YPF Energía Eléctrica S.A.: Carlos Ariosa and José María Krasñansky.
Legal counsel to the Arrangers and Placement Agents
TCA Tanoira Cassagne: Partners Alexia Rosenthal and Ignacio Criado Díaz and associates Carolina Mercero, Lucia Viboud and Barbara Embon.
