Bomchil has advised Compañía General de Combustibles S.A. (the “Company”) and Bruchou, Fernández Madero & Lombardi acted as counsel to the Arrangers and Placement Agents on the recent issuance of: (i) 9,00% Notes Series 12 due in June 2021 (Obligaciones Negociables Clase 12) for an amount of US$15.310.245, denominated and payable in U.S. Dollars; (ii) 8,50% Notes Series 13 due in June 2021 (Obligaciones Negociables Clase 13) for an amount of US$14.343.535 denominated in U.S. Dollars and payable in Argentine Pesos at the prevailing exchange rate; and (iii) Notes Series 14 Due in March 2021 (Obligaciones Negociables Clase 14) denominated and payable in Argentine Pesos for an amount of $314.608.906 at a floating annual interest rate equivalent to BADLAR, based on an agreed formula, plus 5.00%.
The issuance of the notes took place on March 10, 2020 under the Frequent Issuer Regime of the Company.
Banco de Galicia y Buenos Aires S.A.U., Industrial and Commercial Bank of China (Argentina) S.A. and Banco Santander Río S.A. acted as book-running managers and placement agents, while Allaria Ledesma & Cía. S.A., AR Partners S.A., Macro Securities S.A., Puente Hnos. S.A. y TPCG Valores S.A.U. acted as placement agents.
The notes are listed in Bolsas y Mercados Buenos Aires S.A. and Mercado Abierto Electrónico S.A.
Counsel to the Company:
Bomchil: Partner: Fermín Caride. Associates: María Victoria Tuculet, Cristian Fera.
Counsel to the Placement Agents: Bruchou, Fernández Madero & Lombardi: Partner: José Bazán. Associates: Leandro Belusci y Lucila Dorado.