Tavarone Rovelli Salim & Miani has assisted Petrolera Aconcagua Energía and Banco de Servicios y Transacciones, and Pérez Alati Grondona Benites & Arnsten as underwriters, in the issuance of the class IV and V notes.
The class IV Notes were issued for a total nominal amount of US$ 26,387,766, denominated in US dollars and payable in pesos, at a fixed interest rate of 3% nominal per annum, maturing on 14 April 2026; and the class V Notes for a total nominal amount of US$ 9,850,802, denominated in US dollars and payable in pesos, at a fixed interest rate of 4.5% nominal per annum, maturing on 14 April 2027.
The issue was made on 14 April under its Global Programme for the Issuance of Simple Negotiable Obligations (not convertible into shares) for a maximum outstanding amount of up to US$ 150,000,000 (or its equivalent in other currencies or units of value).
Banco de Servicios y Transacciones acted as arranger and underwriter, and Banco Mariva, Banco Supervielle, Banco Santander Argentina, Banco de Galicia y Buenos Aires, SBS Trading, Consultatio Investments, Allaria Ledesma & Cía., AdCap Securities Argentina, Portfolio Investment, Facimex Valores, Invertir en Bolsa and Latin Securities acted as underwriters.
TRSYM’s team was led by partner Marcelo R. Tavarone (pictured left), with support from associates Matías D. Otero, Ramiro Catena and Sebastián Chibán Zamar.
PAGBAM’s team was composed of partner Diego Serrano Redonnet (pictured right), and associates Alejo Muñoz de Toro, Nahuel Perez de Villarreal and Juan Ignacio Rodriguez Goñi.