Tavarone Rovelli Salim & Miani has counselled Generación Mediterránea and Central Térmica Roca in their co-issuance of their Class XVII, Class XVIII and Class XIX Notes. Bruchou & Funes de Rioja has counselled the arrangers, placement agents and settlement agent.
The Notes were issued on 7 November, where Class XVII Notes were issued at a fixed rate of 9.5% nominal per annum, maturing on 7 November 2024, for a total amount of US $11,485,823; Class XVIII Notes at a fixed rate of 3.75% nominal per annum, maturing on 7 November 2024, for a total amount of US $21,107,536; and the Class XIX Notes at a fixed rate of 1% nominal annual rate, maturing on 7 November 2025, for a total amount of 11,555,422 Units of Acquisitive Value (UVAs).
The issues were made under the framework of the Global Programme for the Issuance of Simple Negotiable Obligations for a maximum amount of up to US $700,000,000 (or its equivalent in other currencies or units of measurement or value).
SBS Trading, Banco de Servicios y Transacciones, Allaria Ledesma & Cía, Balanz Capital Valores, Nación Bursátil, Invertir en Bolsa, Banco de la Provincia de Buenos Aires, Macro Securities, Facimex, BACS Banco de Crédito y Securitización, Banco Supervielle, Banco Hipotecario, Supervielle Agente de Negociación, Adcap Securities Argentina, Global Valores, TPCG Valores and Petrini Valores acted as placement agents; SBS Capital, and Banco de Servicios y Transacciones as arrangers; and Banco de Servicios y Transacciones as settlement agent.
Gabriel Feld, Mercedes Cabello and Flavia Zarza acted as in-house lawyers for Generación Mediterránea and Central Térmica Roca.
TRSYM’s team consisted of partner Francisco Molina Portela (pictured left) and associates Ximena Sumaria, Fiorella Ascenso Sanabria and Agustín Ponti.
Bruchou’s team was led by partner José María Bazán (pictured right), with support from associates Leandro Exequiel Belusci, Ramón Augusto Poliche and Josefina Mortola Saiach.