Argentina: Bruchou & Funes de Rioja Advised on Vista Energy Argentina’s Notes Issuance

Published on Jun 8, 2023

On June 5^th, Vista Energy Argentina S.A.U. (“Vista”) successfully issued Series XX Notes— simple, non-convertible into shares, denominated and payable in U.S. Dollars— for a total nominal amount of US$13,500,000 (the “Series XX Notes”). The issuance was carried out under the company’s Global Program of up to US$800,000,000.

Series XX Notes, maturing on July 20th, 2025, will accrue interest at a nominal annual fixed rate, equivalent to 4.50%, and will amortize its principal in one payment on the maturing date.

Additionally, Series XX Notes were admitted for listing on Bolsas y Mercados Argentinos S.A., and authorized for trading at Mercado Abierto Electrónico S.A. On May 24^th, Moody’s Local AR Agente de Calificación de Riesgo S.A. and FIX SCR S.A. Agente de Calificación de Riesgo (Fitch Ratings affiliate) locally rated Series XX Notes “AAA.ar”, with a stable outlook.

In this Notes issuance, Banco BBVA Argentina S.A., Banco Macro S.A., and Macro Securities S.A.U. acted as placement agents (all together, the “Placement Agents”).

Counsel to Vista

Bruchou & Funes de Rioja: team led by José María Bazán, assisted by Ramón Augusto Poliche, Josefina Mortola Saiach and Branko Serventich.

In-house counsel: Florencia Hardoy y Rosario Maffrand.