Salaverri and Bruchou act on Pampa Energía’s additional Notes issue
Salaverri Burgio & Wetzler Malbrán has advised Pampa Energía, and Bruchou & Funes de Rioja has advised the underwriters, in the placement and issuance in the local market of its additional class 13 Notes and additional class 15 Notes.
The Notes were issued on March 6th, under the framework of the Program of Simple Negotiable Obligations (Non Convertible into Shares) and/or Negotiable Obligations Convertible into Shares for up to V/N US$ 2,000,000,000 (or its equivalent in other currencies or units of value).
The class 13 Notes were issued at a fixed annual nominal rate of 0%, for a nominal amount of US $48,177,297, maturing on 19 December 2027, denominated in Dollars and subscribed, integrated and payable in Pesos. The additional Class 15 Notes were issued for a nominal amount of 7,885,054,991 Argentine pesos, maturing on 11 July 2024, subscribed and paid in Pesos.
Banco Santander Argentina, Industrial and Commercial Bank of China (Argentina), Banco Comafi, Banco de Galicia y Buenos Aires, Balanz Capital Valores, SBS Trading, Banco Mariva, Cocos Capital, Banco Patagonia, TPCG Valores, Puente Hnos, Allaria Ledesma & Cía, BNP Paribas Sucursal Buenos Aires, Banco de Servicios y Transacciones, Banco de la Provincia de Buenos Aires, Nuevo Banco de Santa Fe, ADCAP Securities Argentina, BACS Banco de Crédito y Securitización, and Banco Hipotecario acted as underwriters.
Pampa Energía is an independent and integrated energy company in Argentina, with participation in the electricity and gas value chains.
María Agustina Montes, Maite Zornoza and Juan Manuel Recio acted as in-house lawyers, and Patricio Benegas, Debora Tortosa Chavez and Julieta Castagna acted as in-house financial advisors to Pampa Energía.
Salaverri’s team included partner Roberto Lizondo (pictured left) and associates Lucia de Miceu, Matías Solovitas and Santiago Linares Luque.
Bruchou’s team comprised partner José María Bazan (pictured right), and associates Leandro Exequiel Belusci and Branko Serventich.
