TCA advises Hattrick on first issuance of Notes
Tanoira Cassagne Abogados has advised Hattrick Energy, as issuer, and Banco CMF and Banco de Servicios y Transacciones as arrangers and underwriters, in the issuance of the Series I Class 1 Notes.
The Notes, issued on 6 September, had a face value of US $3,000,000, were denominated in US dollars and payable in pesos, and will bear interest at a fixed annual nominal rate of 5.50%, maturing on 6 September 2026.
In addition, the Notes are guaranteed by Banco CMF and Banco de Servicios y Transacciones as guarantee entities authorised by the National Securities Commission.
Hattrick Energy is mainly engaged in the extraction of crude oil. As of 2019, it started marketing its own crude oil produced and treated at Lindero de Piedra, and began entering into commercial agreements with major oil companies and refineries. In addition, in 2019 it agreed to build a crude unloading facility in the city of Malargüe.
TCA’s team included partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right), and associates Juan Sanguinetti, Juan Manuel Simó, Stefanía Lo Valvo and Mateo Fiorito.
