Estudio O’Farrell and Tanoira Cassagne advise on the issuance of Additional Negotiable Obligations

Estudio O’Farrell and Tanoira Cassagne Abogados have counselled on the issuance of Additional Class IV Notes and Class VII Notes by YPF Energía Eléctrica

 Estudio O’Farrell has advised YPF Energía Eléctrica S.A. and Tanoira Cassagne Abogados has advised Banco de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Banco Macro S.A., Banco Supervielle S.A., Macro Securities S.A., Banco Mariva S.A., SBS Trading S.A., Allaria Ledesma & Cía. S.A., Balanz Capital Valores S.A.U. and TPCG Valores S.A.U., as underwriters, in the placement of the Additional Class IV Negotiable Obligations and Class VII Negotiable Obligations for a nominal amount of $16,894,104 and $1,755,000,000 USD dollars respectively.

All of the above together with the Additional Class IV Notes, in both cases maturing in 2022. The Notes have been authorised for listing on the Mercado Abierto Electrónico S.A.

The issuance was made under the Global Programme for the Issuance of Simple Negotiable Obligations (Non-Convertible into Shares) for a maximum amount outstanding at any time of $ 1,500,000,000 USD dollars of YPF Energía Eléctrica S.A.

YPF Energía Eléctrica is a company that generates and commercialises electric energy, a subsidiary of YPF S.A. (75.01% of the share capital) and GE EFS Power Investments B.V. (24.99% of the share capital).

Estudio O’Farrell’s team was formed by partners Uriel F. O’Farrell (pictured left) and Sebastián Luegmayer (pictured right) together with associate Alejo Muñoz de Toro. While Tanoira Cassagne Abogados team was integrated by partners Alexia Rosenthal (pictured top center), Jaime Uranga (pictured bottom center) and associates Rocío Carrica, Ignacio Criado Díaz and Mariana Troncoso.