Alejandro Perelsztein and Roberto Lizondo

Salaverri and Bruchou in new Capex Notes issue

Salaverri Burgio & Wetzler Malbrán has advised Capex and Bruchou & Funes de Rioja advised the underwriters on the placement and issuance in the local market of its class VI and VII Notes.

The Class VI Notes were issued for a nominal amount of USD $30,676,500, at an issue price of 116.30% and maturing on 7 September 2026; while the Class VII Notes were issued for a nominal amount of USD $39,323,500, at an issue price of 100% and maturing on 7 September 2027; both at a fixed interest rate of 0.00% nominal annual rate, denominated in Dollars and subscribed, integrated and payable in Pesos.

The Notes were issued on 7 September, under the Simple Negotiable Obligations Programme (Non Convertible into Shares) for up to V/N US$ 600.000.000.000 (or its equivalent in other currencies or units of value).

Banco de Galicia y Buenos Aires, Banco CMF, Banco Santander Argentina, Industrial and Commercial Bank of China (Argentina), SBS Trading, Banco Mariva, Banco de Servicios y Transacciones, Banco Hipotecario, Banco Patagonia, BACS Banco de Crédito y Securitización, Banco BBVA Argentina, TPCG Valores, Banco Comafi, Banco Supervielle, Macro Securties and Galicia Securities acted as underwriters.

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 lawyers, 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 right) and associates Delfina Meccia and Santiago Linares Luque.

Bruchou’s team was led by partner Alejandro Perelsztein (pictured left), with support from associates Leandro Exequiel Belusci, Josefina Mortola Saiach and Sofia Maselli.

L Giselle Estrada