Simpson Thacher advises Albanesi on inaugural high yield notes offering

Simpson Thacher acted for Generación Mediterránea, Generación Frías, and Central Térmica Roca, co-issuers; and Albanesi, the guarantor, in connection with the inaugural high yield notes offering. 

The offering consisted of $250 million aggregate principal amount of 9.625% Senior Notes due 2023, in reliance on Rule 144A and Regulation S.

The issuers and Albanesi are part of the Albanesi Group, one of Argentina’s leading electricity generation organizations. It operates eight thermoelectric power plants across the country.

The proceedings from the offering will be used to repay secured indebtedness, fund capital expenditures relating to the expansion of generation capacity in Argentina and for general corporate purposes.

Partners David L. Williams and Juan F. Mendez led the Simpson Thacher team advising the issuers, which also retained Tavarone, Rovelli, Salim & Miani as local counsel in Argentina.

Simpson Thacher advises Albanesi on inaugural high yield notes offering

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram