Market: Argentina

Argentina’s Albanesi inks consent solicitation and issues bonds

US and Argentine firms have helped two subsidiaries of Grupo Albanesi – an Argentine energy company – sign an US$80 million consent solicitation agreement and issue bonds in two separate transactions.

28 November 2022

Argentina’s Edenor completes US$76 million exchange offer

Edenor, Argentina’s largest power distributor, has hired DLA Piper LLP offices in New York and Buenos Aires to carry out a US$76 million exchange offer.

25 November 2022

Multiple firms steer Arcor exchange offer in Argentina

Argentine food company Arcor has enlisted Linklaters in New York and Muñoz de Toro Abogados in Buenos Aires to complete a US$372 million exchange offer and issue new bonds.

23 November 2022

PAGBAM hires from Bruchou in double partner appointment

Pérez Alati, Grondona, Benites & Arntsen (PAGBAM) has strengthened its labour and tax practices by hiring a partner from fellow Elite firm Bruchou & Funes de Rioja and promoting a counsel to its senior rank.

18 November 2022

Argentina’s Tecpetrol redeems bonds with US$300 million loan

Milbank in New York and Bruchou & Funes de Rioja in Buenos Aires have advised Itaú Unibanco and Santander, respectively, in a US$300 million loan to Argentine oil and gas exploration company Tecpetrol to buy back previously issued debt.

18 November 2022

Argentina's MSU Energy issues notes and inks consent solicitation

Tavarone, Rovelli, Salim & Miani in Buenos Aires has helped Argentina’s MSU Energy issue US$46 million worth of notes and sign a consent solicitation worth US$250 million.

11 November 2022

Uruguay issues highest-ever fine after second AB InBev probe

Uruguay’s competition watchdog has fined a subsidiary of AB InBev more than US$4.7 million for abusing its dominance through exclusivity agreements in the Uruguayan beer market, five years after it was penalised for the same conduct.

07 November 2022

Tavarone Rovelli and PAGBAM steer Córdoba’s first green bonds

The Argentine city of Córdoba has hired Tavarone, Rovelli, Salim & Miani to make a green and infrastructure bond issuance worth over 2.8 billion pesos (US$18 million).

07 November 2022

Trafigura inks US$150 million Vaca Muerta oil deal with Vista

Martínez de Hoz & Rueda has helped one of the world’s largest commodities traders, Trafigura, enter into a US$150 million investment agreement with Mexico’s Vista for the development of three oil wells in Argentina’s Vaca Muerta shale formation.

24 October 2022

Bruchou and TCA return to power green bond issuance

Argentine electricity company Luz de Tres Picos has enlisted Bruchou & Funes de Rioja to issue US$80 million worth of green bonds.

19 October 2022

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