TRSYM and Bruchou assist in issuance of Albanesi Class XX and XXI Notes
Tavarone Rovelli Salim & Miani has assisted Generación Mediterránea and Central Térmica Roca, entities of Grupo Albanesi, in the issuance of their Class XX and Class XXI Negotiable Obligations for US $45,299,476. Bruchou & Funes De Rioja assisted the arrangers, underwriters and settlement agent.
The issuance was carried out on April 17th, under the framework of the Global Program for the Issuance of Simple Negotiable Obligations (not convertible into shares) for a maximum amount of up to US $700,000,000, where the Class XX Notes were issued at a fixed rate of 9.5% nominal annual rate, maturing on July 27th, 2025, for a total amount of US $19,361,471; and the Class XXI Notes at a fixed rate of 5.5% nominal annual rate, maturing on April 17th, 2025, for a total amount of US $25,938,005.
The Class XX Notes are denominated and payable in US dollars, while the Class XXI Notes are denominated in US dollars and payable in pesos.
SBS Trading, Banco de Servicios y Transacciones, Allaria Ledesma & Cía, Balanz Capital Valores, Nación Bursátil, Bull Market Brokers, Invertir en Bolsa, Banco de la Provincia de Buenos Aires, Macro Securities, Facimex Valores, BACS Banco de Crédito y Securitización, Banco Supervielle, Banco Hipotecario, Supervielle Agente de Negociación, Adcap Securities Argentina, Global Valores, TPCG Valores, Cocos Capital, Liebre Capital, Latin Securities, Invertir Online, Buenos Aires Valores and Petrini Valores acted as underwriters. SBS Capital and Banco de Servicios y Transacciones acted as arrangers, and Banco de Servicios y Transacciones as settlement agent.
Fabiana Marcela López León, Claudio Gastón Mayorca and María Mercedes Cabello acted as in-house counsels to Generación Mediterránea and Central Térmica Roca.
TRSYM’s team included partner Francisco Molina Portela (pictured left) and associates Ximena Sumaria, Agustín Ponti, Quimey Lia Waisten and Sebastián Chibán Zamar.
Bruchou’s team was led by partner José María Bazán (pictured right), with support from associates Leandro Exequiel Belusci, Josefina Mortola Saiach and Pedro María Azumendi.
