Genneia retained Simpson Thacher on inaugural bond offering
Simpson Thacher advised Genneia, the Argentinean energy company, on its $350 million bond offering.
Genneia is a green energy supplier headquartered in Buenos Aires, Argentina.
The offering, $350 million aggregate principal amount of 8.75% Senior Notes due 2022, was subscribed in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. Genneia will use the proceeds to repay existing debt, fund its expansion projects in Argentina and for working capital purposes.
Partner Juan Francisco Mendez led the Simpson Thacher acting for Genneia.
