TRSYM and PAGBAM assist in new issue of Aconcagua Notes
Tavarone Rovelli Salim & Miani has assisted Petrolera Aconcagua Energía and Banco de Servicios y Transacciones, and Pérez Alati Grondona Benites & Arntsen assisted the underwriters, in the issuance of Aconcagua’s class XVII senior notes for a total face value of USD $29,244,801.
The issue was made on 30 January, where the Class XVII Notes were denominated, to be integrated and payable in US dollars, at a fixed interest rate of 9.00% nominal per annum, maturing on 30 January 2028, under the framework of its Global Programme for the Issuance of Simple Negotiable Obligations (not convertible into shares) for up to US$ 500,000,000 (or its equivalent in other currencies or units of value).
Banco de Servicios y Transacciones acted as arranger, settlement agent and underwriter; Banco Santander Argentina and Puente Hnos acted as arrangers and underwriters; and Banco de Galicia y Buenos Aires, Banco Mariva, Allaria, SBS Trading, Banco de la Provincia de Buenos Aires, Banco Supervielle, Invertironline, BACS Banco de Crédito y Securitización, Cohen, Industrial Valores, Mills Capital Markets, NEIX, PP Inversiones, Latin Securities, Option Securities and Banco Patagonia acted as underwriters.
TRSYM’s team consisted of partner Marcelo R. Tavarone (pictured left), and associates Matías D. Otero, Juan Cruz Carenzo and Azul Namesny Márquez.
PAGBAM’s team was led by partner Diego Serrano Redonnet (pictured right), counsel Alejo Muñoz de Toro and associates Juan Ignacio Rodríguez Goñi and Tamara Friedenberger.
