Salaverri counsels on two capital market transactions
Salaverri Burgio & Wetzler Malbrán has counselled Generación Litoral in its admission to the public offering regime of the National Securities Commission and the creation of the Global Program for the Issuance of Simple Negotiable Obligations for up to US$ 200,000,000 (or its equivalent in other currencies or units of measurement or value), and in the issuance of its Class I and Class III Notes.
The Notes were issued for an aggregate nominal value of US$ 90,310,286, which are secured, among other guarantees, by a guarantee and payment trust, a pledge over certain assets of the Company, and a pledge over 100% of the Company’s shares.
The firm also advised Generación Mediterránea (GEMSA) and Central Térmica Roca (CTR), both companies belonging to Grupo Albanesi, in the consent solicitation procedure addressed to the holders of the class II notes for a nominal value of US$80,000,000, in order to allow the Company to obtain the aforementioned financing for the construction of a new thermal power plant to be located in Arroyo Seco, Province of Santa Fe.
Salaverri’s team included partners Roberto Lizondo (pictured left) and Pablo Fernández Pujadas (pictured right) and associates Josefina María Ryberg, Camila Mindlin, Carolina Colombo, Sofía Seoane, Tomas Hodgers and Rodrigo Durán Libaak.
