Patricio Martin, Victoria Funes and José Bazán

Bomchil and Bruchou on AA2000 Class 10 Notes issue

Bomchil has advised Aeropuertos Argentina 2000 (AA2000), and Bruchou & Funes de Rioja the underwriters, in the issuance of dollar-linked Class 10 Notes at zero rate and issue price of 110.65%.

The Class 10 Notes were issued on 5 July, maturing on 5 July 2025, to be integrated exclusively in kind through the delivery of Class 3 Notes at a given exchange ratio, for a par value of US$25,061,312.

On the same date, AA2000 also issued Additional Class 9 dollar-linked notes at zero rate, with an issue price of 119%, maturing on 19 August 2026, for a par value of US$2,712,330.

The proceeds from the placement of the Additional Class 9 Notes were used to redeem all the outstanding Class 3 Notes that had not been delivered for the integration of the Class 10 Notes.

The Notes are authorised to be listed and traded on the Argentine Stock Exchanges and Markets and on the Electronic Open Market, respectively.

Macro Securities, Banco de Galicia y Buenos Aires, Banco Santander Argentina, Industrial and Commercial Bank of China (Argentina), Banco Hipotecario, BACS Banco de Crédito y Securitización, Facimex Valores, Balanz Capital Valores, Allaria, Latin Securities, TPCG Valores, Max Capital, SBS Trading and Puente Hnos. acted as underwriters.

AA2000 has been an airport concessionaire in Argentina since 1998, holding the right – under a Concession Contract with the National State – to use, operate and manage 35 of the 54 airports in the Argentine airport system, including two of the busiest airports in Argentina.

Bomchil’s team was led by partners Patricio Martin (pictured left) and Victoria Funes (pictured centre), assisted by associates Victoria Tuculet, Luciano Zanutto, Hugo Bruzone and Victoria Roja.

Bruchou’s team was led by partner José María Bazan (pictured right), with support from associates Ramon Augusto Poliche, Branko Serventich and Sofía Maselli.

L Giselle Estrada