Legal Advice in the Issuance of Notes of Albanesi Group for US$4,265,575
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 12.5% Class IX Notes for US$4,265,575 due April 9, 2024 issued under the Global Notes Program for an amount of up to US$700,000,000, in exchange of their Class III Notes issued on December 4, 2019 for US$25,730,782.
SBS Capital S.A. acted as arranger agent, Banco de Servicios y Transacciones S.A, SBS Trading S.A., and TPCG Valores S.A.U. acted as placement agents of Class IX Notes.
The announcement, pricing, and issuance and settlement of Class IX Notes took place in one single day, on April 9, 2021.
Legal Advice in the Issuance of Notes of Albanesi Group for US$40,000,000
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 6% Class VII Notes for US$7,707,573 due March 11, 2023 and of 4.60% Class VIII Notes for 41,936,497 UVAs (Unidades de Valor Adquisitivo) due March 11, 2023. Class VII Notes and Class VIII Notes were issued under the Global Notes Program for an amount of up to US$700,000,000, and a portion of both classes were issued in exchange of: Class III Notes issued by Albanesi S.A. on June 15, 2017 for $255,826,342; and/or Class VIII Notes issued by Generación Mediterránea S.A. on August 29, 2017 for $312,884,660; and/or Class XI Notes issued by Generación Mediterránea S.A. on June 23, 2020 for US$ 9,876,755; and/or Class IV Notes issued by Central Térmica Roca S.A. on July 24, 2017 for $291,119,753.
SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arranger agents, Banco de Servicios y Transacciones S.A, SBS Trading S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., TPCG Valores S.A.U., Macro Securities S.A. and Allaria Ledesma & Cía. S.A. acted as placement agents and BACS Banco de Crédito y Securitización S.A., Facimex Valores S.A., Banco Supervielle S.A., Sociedad de Bolsa Centaurus S.A. and AdCap Securities Argentina S.A. acted as sub-placement agents of Class VII Notes and Class VIII Notes.
Legal advice in the consent solicitation of Generación Mediterránea S.A. and Central Térmica Roca S.A. relating their Series II Senior Secured Notes
Counsel to Generación Mediterránea S.A y Central Térmica Roca S.A., companies of the Albanesi Group, in the consent solicitation relating their U.S.$ 80,000,000 aggregate principal amount of Series II Senior Secured Notes due 2023.
Legal Advice in the Issuance of Notes of Albanesi Group for US$43,801,193
Counsel to Generación Mediterránea S.A. issuance of Class XIII Notes for US$13,076,765 due February 16, 2024 issued in exchange of 66.37% of its outstanding Class X Notes due February 16, 2021, under its Global Notes Program for an amount of up to US$100,000,000.
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of Class IV Notes for US$16,354,944 due April 11, 2022 issued in exchange of 69.39% of their Class III Notes due April 11, 2021, and in the co-issuance by Generación Mediterránea S.A. and Central Térmica Roca S.A. of new Class V Notes for US$14,369,484 due November 27, 2022. Class IV Notes and Class V Notes were issued under the Global Notes Program for an amount of up to US$700,000,000.
The Class XIII Notes, Class IV Notes and Class V Notes are guarantee by Albanesi S.A.
SBS Capital S.A. acted as arranger agent, and SBS Trading S.A., Banco de Servicios y Transacciones S.A. and Banco de la Provincia de Buenos Aires acted as placement agents of Class XIII Notes and Class IV Notes.
SBS Capital S.A. acted as arranger agent, and SBS Trading S.A., Balanz Capital Valores S.A.U., Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A., Allaria Ledesma & Cia S.A., Adcap Securities Argentina S.A. and TPCG Valores S.A.U. acted as placement agents of the Class V Notes.
MSU S.A.'s US$ 15,000,000 Series VIII notes
Legal counsel to Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., INTL CIBSA S.A., Banco de Galicia y Buenos Aires S.A.U. and Puente Hnos. S.A. acting as placement agents in MSU S.A.’s issuance of series VIII notes for US$ 15,000,000 under the global program of notes for an amount of up to US$ 50,000,000. The Series VIII Notes were issued on July 31, 2020 at a 0% fixed rate and due twenty-four months from the date of issuance.
Legal advice in the issuance of Generación Mediterránea S.A. Notes
Counsel to Generación Mediterránea S.A. in the issuance of its 6.50% Class XI fixed rate notes for US$9,876,755 due June 23, 2021 and its Badlar plus 8% Class XII variable rate notes for $151,114,564 due December 23, 2020, issued under the company’s US$100,000,000 Global Notes Program. Class XI and Class XII notes are guaranteed by Albanesi S.A.
SBS Trading S.A., SBS Capital S.A., Balanz Capital Valores S.A.U., Banco de Servicios y Transacciones S.A., BACS Banco de Crédito y Securitización S.A., Banco de la Provincia de Buenos Aires and Banco Hipotecario S.A. acted as arrangers and placement agents for the Class XI and Class XII notes.
Issuance of U$S 250,300,000 in Senior Notes by MSU Energy S.A. in the International and Argentine Market
Legal counsel to MSU Energy S.A., as Issuer, in the issuance of Senior Notes worth U$S250,300,000 with public offering, and due 2024. The offer was addressed to the Argentine and International Market under the exemptions provided in the US Securities Act of 1933, as amended. The Notes are listed on Bolsas y Mercados Argentinos S.A., and the Mercado Abierto Electrónico S.A. J.P. Morgan Securities LLC acted as Initial Purchaser; and Puente Hnos. S.A., as Local Placement Agent; Citibank, N.A. acted as Trustee, Paying Agent, Registrar and Transfer Agent; and the Argentine branch of Citibank, N.A. acted as Trustee in Argentina, Co-Registrar, Paying and Transfer Agent and Argentine Collateral Agent.
MSU S.A.'s USD 13,857,742 Series VII Notes
Legal counsel to Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., INTL CIBSA S.A. and Banco de Galicia y Buenos Aires S.A.U. acting as placement agents in MSU S.A.’s issuance of series VII notes for U$S 13,857,742 under the global program of notes for an amount of up to U$S 50,000,000. The Series VII Notes were issued on March 10, 2020 at a 9% fixed rate and due fifteen months from the date of issuance.
Celulosa Argentina S.A.'s issuance of U$S 3,117,250 Class 15 Notes
Counsel in Celulosa Argentina S.A.’s issuance of Class 15 Notes for U$S 3,117,250 under the Global Program of Notes for an amount of up to U$S 280,000,000. Puente Hnos. S.A. and Banco de Servicios y Transacciones S.A. acted as placement agents of the Class 15 Notes.
Celulosa Argentina S.A.’s reopening of Class 10 Notes tender offer and issuance of U$S 3,067,488 additional Class 13 Notes
Counsel in Celulosa Argentina S.A.’s reopening of Class 10 Notes tender offer and issuance of Additional Class 13 Notes for U$S 3,067,488 under the Global Program of Notes for an amount of up to U$S 280,000,000, solely payable through the tender of Class 10 Notes. Puente Hnos. S.A. and Banco de Servicios y Transacciones S.A. acted as placement agents of the Additional Class 13 Notes.