Argentina: Grupo Albanesi Successfull Offering of US$ 45,299,476 Class XX and Class XXI Notes

Published on May 3, 2023

Bruchou & Funes de Rioja advised on Grupo Albanesi's public offering of US$ 19,361,471 Class XX Notes due July 27, 2025 and US$ 25,938,005 Class XXI Notes due April 17, 2025, issued by Generación Mediterránea S.A. and Central Térmica Roca S.A. under their US$ 700,000,000 Global Notes Program.

Class XX has a fixed annual nominal rate equivalent to 9.5% and are denominated and payable in U.S. Dollars and Class XXI has a fixed annual nominal rate equivalent to 5.5 and are denominated in U.S. dollars and payable in Argentine Pesos.

Generación Mediterránea S.A. and Central Térmica Roca S.A. acted as issuers of Class XX Notes and Class XXI Notes. 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., Bull Market Brokers S.A., Invertir en Bolsa S.A., Banco de la Provincia de Buenos Aires, Macro Securities S.A.U., Facimex Valores S.A., BACS Banco de Crédito y Securitización S.A., Banco Supervielle S.A., Banco Hipotecario S.A., Supervielle Agente de Negociación S.A.U., Adcap Securities Argentina S.A., Global Valores S.A., TPCG Valores S.A.U., Cocos Capital S.A., Liebre Capital S.A.U., Latin Securities S.A., Invertir Online S.A., Buenos Aires Valores S.A. and Petrini Valores S.A. acted as placement agents of Class XX Notes and Class XXI Notes. SBS Capital S.A. and Banco de Servicios y Transacciones S.A. acted as arrangers of the issuance, and Banco de Servicios y Transacciones S.A. also acted as settlement agent of this issuance.

External Counsel to the arrangers, placement agents and the settlement agent.

Bruchou & Funes de Rioja through its team led by partner José María Bazán, together with associates Leandro Exequiel Belusci, Josefina Mortola Saiach and Pedro Maria Azumendi.