Bruchou and TCA act in new issue of YPF Notes
Bruchou & Funes de Rioja has advised YPF, and Tanoira Cassagne Abogados has advised the arrangers and underwriters, in the placement of the Class XXIX Notes for a nominal value of USD $177,717,716, issued by YPF under its Frequent Issuer Programme.
The Class XXIX Notes are denominated and payable in US dollars, bear interest at a nominal rate of 6% per annum and mature on 28 May 2026.
The Class XXIX Notes have been authorised for listing on MAE and BYMA.
Banco Santander Argentina and Banco de Galicia y Buenos Aires acted as arrangers and underwriters; while Allaria, BACS Banco de Crédito y Securitización, Balanz Capital Valores, Banco BBVA Argentina, Banco CMF, Banco Comafi, Banco de la Provincia de Buenos Aires, Banco de la Provincia de Córdoba, Banco Hipotecario, Industrial Valores, Macro Securities, Banco Patagonia, Banco Supervielle, Cocos Capital, Invertir en Bolsa, Invertironline, Puente Hnos and SBS Trading acted as underwriters.
YPF is a company dedicated to the exploitation of hydrocarbon resources in Argentina. The company’s shares are listed on local markets and are also listed on the NYSE (New York Stock Exchange).
Paola Garbi, Fernando Gomez Zanou, Valeria Moglia, Francisco Gaspari and Marina Quinteiro acted as in-house counsel to YPF.
In-house counsel to the underwriters were Ezequiel Guerrero and Cecilia Ramos for Banco Santander Argentina; Enrique Cullen and Fiorella Paola Ascenso Sanabria for Banco de Galicia y Buenos Aires; Ezequiel Politi for Allaria; Paula Dandlen and Luciano Taraciuk for Balanz Capital Valores; María Gabriela Mancuso and María Dolores Distefano for Banco BBVA Argentina; Mariana López for Banco Comafi; Carlos María Caballero and Santos Ionadi for Banco de la Provincia de Córdoba; Guillermo Miedan for Banco Hipotecario; Rodrigo Covello and Valeria Lopez Marti for Macro Securities; and Roxana Bravo, Hernán Da Silva and Tomás González Sabathie for Puente Hnos.
Bruchou’s team included partner José María Bazán (pictured left) and associates Leandro Exequiel Belusci, Branko Serventich, Facundo Suárez Loñ and Teo Panich.
TCA’s team was led by partners Alexia Rosenthal (pictured centre, left), Jaime Uranga (pictured centre, right), Ignacio Criado Díaz (pictured right), with support from associates Carolina Mercero and Stefanía Lo Valvo.
