Salaverri and Bruchou advise on new Capex issue
Salaverri Burgio & Wetzler Malbrán has advised Capex on the placement and issuance in the local market of class X notes. Bruchou & Funes de Rioja acted as advisor to the placement agents.
The Class X Notes, denominated in dollars and subscribed, integrated and payable in pesos, were issued on 5 July, for a nominal value of US$ 55,599,334, at a fixed interest rate of 0.00% nominal per annum, an issue price of 100% and maturing on 5 July 2027, under the framework of the Simple Negotiable Obligations Programme (Non-Convertible into Shares) for up to V/N US$ 600,000,000 (or its equivalent in other currencies or units of value).
Banco Santander Argentina, Banco Mariva, Banco de Galicia y Buenos Aires, Banco BBVA Argentina, Banco CMF, Banco Hipotecario, BACS Banco de Crédito y Securitización, Banco Patagonia, Max Capital and Macro Securities acted as placement agents.
Capex is an integrated Argentinean company engaged in hydrocarbon exploration and production, thermal and renewable energy generation, and hydrogen production.
Norberto Larrosa, Nicolás Buhler and Enrique Estevez Marin acted as in-house counsel, and Matías Salerno, Leonardo D’Alessandro, Claudio Armada and Gabriela Mercorelli acted as in-house financial advisors to Capex.
Salaverri’s team consisted of partner Roberto Lizondo (pictured left) and associates Josefina Ryberg, Santiago Linares Luque, Valentina Buschiazzo Ripa and Melania Gadea.
Bruchou’s team consisted of partner Alejandro Perelsztein (pictured right) and associates Leandro Exequiel Belusci, Sofia Maselli and Melina Signorello.
