Bruchou & TCA represent on Oleoductos del Valle notes issuance
Bruchou & Funes de Rioja have advised Oleoductos del Valle while TCA Tanoira Cassagne advised Macro Securities as arranger and placement agent, and Balanz Capital Valores, Banco de Galicia y Buenos Aires, Banco Santander Argentina, Max Capital, Industrial and Commercial Bank of China (Argentina), Banco Patagonia, Allaria, Adcap Securities Argentina, SBS Trading, Industrial Valores, Banco Supervielle, Banco Mariva, Invertironline, Banco BBVA Argentina, Facimex Valores and Banco de la Provincia de Buenos Aires as placement agents in the issuance of the Class 6 Notes.
The notes were issued in Argentina, denominated and payable in U.S. dollars, for a total nominal amount of US$115,514,950. They bear interest at a fixed rate of 7.50% per annum and mature on June 5, 2029.
The proceeds will be primarily used to partially finance infrastructure works, advance Oldelval’s investment plan, fund the acquisition of assets and/or goodwill related to its production process, and expand its transport capacity.
Bruchou & Funes de Rioja’s team was led by partners José Bazán (pictured left) and Leandro Belusci and associates Quimey Lía Waisten, Marco Haas and María Victoria Llana. TCA Tanoira Cassagne’s team was led by partners Alexia Rosenthal (pictured center) and Rocío Carrica (pictured right) and associates Lucía Viboud Aramendi and Juan Manuel Simó.
