Tavarone Rovelli Salim & Miani advised Petrolera Aconcagua Energía and Banco de Servicios y Transacciones, and Pérez Alati Grondona Benites & Arnsten advised the underwriters, in the issuance of class VI and VII notes under the general regime for a total nominal amount of US $10,113,469 and US $19,886,531, respectively.
The issue was made on 14 September, where the class VI Notes were denominated in US dollars and payable in pesos at the applicable exchange rate, at a fixed interest rate of 0% nominal per annum, maturing on 14 September 2026; and the class VII Notes were denominated in US dollars and payable in pesos at the applicable exchange rate, at a fixed interest rate of 3.4% nominal per annum, maturing on 14 September 2027. Both classes were issued under its Global Programme for the Issuance of Simple Negotiable Obligations (not convertible into shares) for a maximum outstanding amount of up to US$ 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, TPCG Valores, SBS Trading, Consultatio Investments, Allaria, Max Capital, PP Inversiones, Facimex Valores, Invertir en Bolsa and Latin Securities acted as underwriters.
PAGBAM’s team was led by partner Diego Serrano Redonnet (pictured), and associates Alejo Muñoz de Toro, Nahuel Perez de Villarreal and Juan Ignacio Rodriguez Goñi.