Bomchil advised Compañía General de Combustibles S.A. and Bruchou & Funes de Rioja acted as counsel to the book-running manager and the placement agent in the issuance of 3.00% Dollar- Linked Series 35 Additional Notes payable in pesos at the applicable exchange rate and maturing in February 2026 for a total amount of US$25,410,932.
The Series 35 Additional Notes were exclusively paid-in in kind, through the delivery of 0.00% Dolar-Linked Notes Series 30 maturing in March 2025, issued by the company in March 2023.
The issuance took place on July 12, 2024, under the company's Frequent Issuer Regime.
Allaria S.A. acted as book-running manager and placement agent.
The Series 35 Additional notes are fungible and constitute a single series with the Series 35 Notes issued by the company on June 28, 2024. These notes were admitted for listing in Bolsas y Mercados Buenos Aires S.A. and for trading in Mercado Abierto Electrónico S.A.
Concurrently with the launch of the offering of the Series 35 Additional Notes, the company announced the irrevocable redemption of the remaining outstanding Series 30 Notes, which took place on July 16, 2024, at the applicable redemption price.
Counsel to Compañía General de Combustibles S.A.:
Bomchil: Partners: Fermín Caride and María Victoria Tuculet. Associates: Luciano Zanutto, Tomás Celerier and Yazmín Sophie Tek.
Counsel to the Placement Agents:
Bruchou & Funes de Rioja: Partner: José Bazán. Associates: Leandro Belusci Lucía de Luca and Melina Signorello.