Cleary represents Pampa in $410m bond offering
Cleary Gottlieb has represented Pampa Energía (Pampa) in its offering of USD $410m 7.950% senior notes due 2031 and the concurrent cash tender offer for the 7.500% senior notes due 2027.
The offering, launched on August 27, was conducted as a private placement in the U.S. under Rule 144A and as an offshore offering under Regulation S.
Pampa is a leading independent integrated energy company based in Argentina engaged in electricity generation and transmission, oil and gas exploration and production, petrochemicals, hydrocarbon marketing and transportation, and oil refining and distribution.
Cleary’s team consisted of partner Juan Giráldez (pictured), associates Laura Daugherty and Rodrigo López Lapeña, and law clerk Juan Ignacio Leguízamo. Partner Matthew Brigham and associates Adriana De Bartolo and Samuel Jack provided tax advice. Juan Giráldez is based in Sao Paulo, and all other lawyers are based in New York.