Salaverri and Bruchou assist in Pampa Energía’s bond placement
Salaverri Burgio & Wetzler Malbrán has assisted Pampa Energía in the placement and issuance of class 11 Negotiable Obligations for a nominal amount of $ 12,690,670,000 Argentine pesos, subscribed and integrated in pesos. Bruchou & Funes de Rioja assisted the placement agents.
The issuance was carried out on July 15, under the Simple Negotiable Obligations (Non-Convertible into Shares) and/or Negotiable Obligations Convertible into Shares Programme for up to V/N US$ 2,000,000,000,000. The Class 11 Notes, denominated and payable in Pesos, have a variable interest rate resulting from the addition of the Applicable Margin to the Reference Rate, and mature on 15 January 2024.
Banco Santander Argentina; Industrial and Commercial Bank of China (Argentina); HSBC Bank Argentina; Banco de Galicia y Buenos Aires; Balanz Capital Valores; SBS Trading; Banco Mariva; Banco Hipotecario; BACS Banco de Crédito y Securitización; Cocos Capital; Banco de Servicios y Transacciones; Banco Comafi; Banco BBVA Argentina; Invertir en Bolsa; Banco Patagonia; Industrial Valores; BNP Paribas Sucursal Buenos Aires; Banco de la Provincia de Buenos Aires; TPCG Valores; Puente Hnos. Allaria Ledesma & Cía; ARP Partners; Macro Securities; Banco Itaú Argentina and Itaú Valores, acted as placement agents.
Pampa Energía is a private company with active participation in the electricity and gas value chains in Argentina.
María Agustina Montes, Juan Manuel Recio and Maite Zornoza acted as in-house lawyers for Pampa Energía.
Salaverri’s team comprised partner Roberto Lizondo (pictured left) and associates Lucía de Miceu and Sofía Seoane.
Bruchou’s team included partner José María Bazán (pictured right) and associates Leandro Exequiel Belusci and Manuel Rodriguez Costi.
