SPI Energy S.A.´s US$ 135,000,000 Senior Secured Notes
Counsel to Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires and Banco Supervielle S.A. as arrangers and placement agents, and to Allaria Ledesma & Cia. S.A., Puente Hnos. S.A., Facimex Valores S.A., Industrial Valores S.A., Balanz Capital Valores S.A.U., Adcap Securities Argentina S.A., Banco Mariva S.A., Supervielle Agente de Negociación S.A.U., and TPCG Valores S.A.U. as placement agents, in the issuance of two series of U.S. Dollar-Linked senior secured notes for an aggregate principal amount of US$135,000,000 comprising its 4.00% Class 1 Senior Secured Notes due 2026, for an aggregate principal amount of US$33,499,900, and 6.75% Class 2 Senior Secured Notes due 2032, for an aggregate principal amount of US$101,500,100 (the “Notes”). The Notes are secured with first priority liens on SPI Energy’s rights under the project, including the combined cycle PPA with CAMMESA, and the project’s EPC contract and equipment.
Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires and Banco Supervielle S.A. acted as arrangers and placement agents, and Allaria Ledesma & Cia. S.A., Puente Hnos. S.A., Facimex Valores S.A., Industrial Valores S.A., Balanz Capital Valores S.A.U., Adcap Securities Argentina S.A., Banco Mariva S.A., Supervielle Agente de Negociación S.A.U., y TPCG Valores S.A.U. acted as placement agents for the Notes.
Legal Advice in the Issuance of Notes of 360 Energy Solar S.A. for US$ 20,000,000 Series 1 which qualify as Green Bonds
Counsel to Banco Itaú Argentina S.A., Banco de Valores S.A., Allaria Ledesma & Cía. S.A., Balanz Capital Valores S.A.U., Itaú Valores S.A., Banco de Servicios y Transacciones S.A., Invertir en Bolsa S.A., Nuevo Chaco Bursátil S.A., PP Inversiones S.A., BACS Banco de Crédito y Securitización S.A. and Banco Hipotecario S.A., in the issuance of 360 Energy Solar S.A. 1.25% Series 1 Notes for US$ 20,000,000 due December 29, 2025, which qualify as Green Bonds, issued under the Global Notes Program for an amount of up to U$S100,000,000 (or its equivalent in other currencies or other unit value).
The proceeds from the placement will be used to finance the construction, installation, commissioning, operation, and maintenance of the Solar Park “La Rioja-Nonogasta II”.
The Series 1 Notes are pledged to a guarantee and payment trust in which Citibank N.A. (Argentine Branch) acts as trustee.
Banco Itaú Argentina S.A., Banco de Valores S.A., Allaria Ledesma & Cía. S.A., Balanz Capital Valores S.A.U. Itaú Valores S.A., Banco de Servicios y Transacciones S.A., Invertir en Bolsa S.A., Nuevo Chaco Bursátil S.A., PP Inversiones S.A., BACS Banco de Crédito y Securitización S.A. and Banco Hipotecario S.A. acted as placement agents of the Series 1 Notes. Banco Itaú Argentina S.A. also acted as main arranger and settlement agent, and Banco de Valores S.A. also acted as arranger for the Series 1 Notes.
Legal Advice in the Issuance of Notes of CT Barragán S.A. for US$25,000,000 Series 6 and AR$ 1,753,791,000 Series 7
Counsel to Banco de Galicia y Buenos Aires S.A.U.; Banco Santander Argentina S.A.; Industrial and Commercial Bank of China (Argentina) S.A.U.; HSBC Bank Argentina S.A.; Balanz Capital Valores S.A.U.; SBS Trading S.A.; Banco Mariva S.A.; Banco Itaú Argentina S.A.; Invertir en Bolsa S.A.; AR Partners S.A.; BNP Paribas Sucursal Buenos Aires; Banco Hipotecario S.A.; Banco de la Provincia de Buenos Aires; BACS Banco de Crédito y Securitización S.A.; Cocos Capital S.A.; Banco de Servicios y Transacciones S.A.; Banco Comafi S.A.; TPCG Valores S.A.U.; Adcap Securities Argentina S.A. and Macro Securities S.A. as placement agents, in the issuance of CT Barragán S.A.’s 0% Series 6 Notes for US$25,000,000 due May 16, 2025, and floating annual interest rate Series 7 Notes for AR$ 1,753,791,000 due May 16, 2023. The Series 6 and the Series 7 Notes were issued on May 16, 2022 under the Global Notes Program for an amount of up to US$400,000,000. The Series 6 and the Series 7 Notes have a personal guarantee, subject to a resolutory condition granted by YPF S.A. and Pampa Energía S.A.
Banco de Galicia y Buenos Aires S.A.U.; Banco Santander Argentina S.A.; Industrial and Commercial Bank of China (Argentina) S.A.U.; HSBC Bank Argentina S.A.; Balanz Capital Valores S.A.U.; SBS Trading S.A.; Banco Mariva S.A.; Banco Itaú Argentina S.A.; Invertir en Bolsa S.A.; AR Partners S.A.; BNP Paribas Sucursal Buenos Aires; Banco Hipotecario S.A.; Banco de la Provincia de Buenos Aires; BACS Banco de Crédito y Securitización S.A.; Cocos Capital S.A.; Banco de Servicios y Transacciones S.A.; Banco Comafi S.A.; TPCG Valores S.A.U.; Adcap Securities Argentina S.A. and Macro Securities S.A. as placement agents of Series 6 and Series 7 Notes. Banco de Galicia y Buenos Aires S.A.U. also acted as Settlement Agent for Series 6 and Series 7 Notes.
Issuance of PyME CNV Guaranteed Series I Notes of Lismar Sur S.A. for $200,000,000
Counsel to Lismar Sur S.A. in the issuance of the PyME CNV Guaranteed Series I Notes for $200,000,000 due on May 17, 2024.
Adcap Securities Argentina S.A., acted as arranger and placement agent of Series I Notes. Banco de Servicios y Transacciones S.A. and Allaria Ledesma & Cía. S.A. acted as placement agents of the Notes. Banco de Servicios y Transacciones S.A., Potenciar S.G.R., Integra Pymes S.G.R., Crecer S.G.R., Móvil S.G.R., Argenpymes S.G.R., Fid Aval S.G.R. and Innova S.G.R. acted as guarantee entities of the Notes.
Issuance of PYME CNV Guaranteed Series II Notes of Agrofin Agrocommodities S.A. for US$1,500,000
Counsel to Agrofin Agrocommodities S.A. in the issuance of the PYME CNV Guaranteed Series II dollar linked Notes for US$1,500,000 with an interest rate of 0% due on April 19, 2024.
Banco Supervielle S.A. and Banco de Galicia y Buenos Aires S.A.U., acted as arrangers, placement and security agents of Series II Notes.
Futuros del Sur S.A., acted as placement agent of Series II Notes.
Acindar Pymes S.G.R., acted as security agent of Series II Notes.
Issuance of PyME CNV Guaranteed Class III Notes of Héctor A. Bertone S.A. for US$ 2,252,116
Counsel to Héctor A. Bertone S.A. in the issuance of the PyME CNV Guaranteed Class III dollar linked Notes for US$ 2,252,116 with an interest rate of 1,94% due on April 7, 2024.
Banco Supervielle S.A. and Banco de Galicia y Buenos Aires S.A.U. acted as arrangers, placements and security agents of Class III Notes.
Issuance of Notes of Albanesi Group for US$14,065,308
Counsel to Generación Mediterránea S.A. and Central Térmica Roca S.A. in the co-issuance of 7,5% Class XIII Notes for US$14,065,308 due January 10, 2024, issued under the Global Notes Program for an amount of up to US$700,000,000.
SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers, and SBS Trading S.A., Banco de Servicios y Transacciones S.A., Allaria Ledesma & Cía S.A., Balanz Capital Valores S.A.U., Nación Bursátil S.A., Liebre Capital S.A.U., BACS Banco de Crédito y Securitización S.A., and Banco Hipotecario S.A. acted as placement agents of Class XI Notes and Class XII Notes.
Issuance of PyME CNV Guaranteed Series I Notes of Gestión de Préstamos y Cobranzas S.A. for $100,000,000
Counsel to Gestión de Préstamos y Cobranzas S.A. in the issuance of the PyME CNV Guaranteed Series I Notes for $100,000,000 due on December 22, 2023.
Banco de Servicios y Transacciones S.A., acted as arranger and placement agent of Series I Notes.
Allaria Ledesma & Cía S.A., acted as placement agent of Series I Notes.
Banco Interfinanzas S.A. y Banco Sáenz S.A. acted as guarantee entity of Series I Notes.
MSU Energy S.A.´s US$ 30.300.000 Series III Notes Offering
Counsel to MSU Energy S.A. in the issuance of its 7.35% Series III Notes for US$ 30,300,000, denominated, integrated and payable in U.S. dollars, maturing 24 months from the issuance date, under its US$ 100,000,000 Global Notes Program.
Legal Advice in the Issuance of Class III Notes of Albanesi Energía S.A. for US$24,103,642
Counsel to Banco de Servicios y Transacciones S.A and SBS Capital S.A. as arrangers, and to SBS Trading S.A., Banco de Servicios y Transacciones S.A, Facimex Valores S.A., Banco de la Provincia de Buenos Aires, AdCap Securities Argentina S.A., Macro Securities S.A., Nación Bursátil S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A. and TPCG Valores S.A.U., as placement agents, in the issuance of Albanesi Energía S.A.’s 4.90% Class III Notes for US$24,103,642 due September 14, 2024.
SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers, and SBS Capital S.A., Banco de Servicios y Transacciones S.A. Facimex Valores S.A., Banco de la Provincia de Buenos Aires, AdCap Securities Argentina S.A., Macro Securities S.A., Nación Bursátil S.A., BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A. and TPCG Valores S.A.U., acted as placement agents of Class III Notes.