Tecpetrol S.A. (“Tecpetrol”) successfully completed its offering of US$750,000,000 7.625% fixed notes due 2030 (the “Notes”). Tecpetrol is a leading company in the oil and gas industry, with activities that include the exploration, production and development of hydrocarbon fields.
The Notes were issued on November 3rd, 2025, and were placed in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. Tecpetrol will use the proceeds from the offering in accordance with the requirements of Article 36 of the Negotiable Obligations Law.
Balanz Capital Valores S.A.U., Banco Santander Argentina S.A., Macro Securities S.A.U. and Banco de Galicia y Buenos Aires S.A. acted as local placement agents (the “Local Placement Agents”).
Tecpetrol S.A.
FINMA S.A.I.F. acted as Argentine counsel to Tecpetrol through Fernando Moreno and Clara Sereday.
Linklaters LLP acted as New York counsel to Tecpetrol through partner Matthew Poulter, Counsel Emilio Minvielle, Linklaters’ Head of Mexico Group Alberto García Linera and associate Thomas Tiphaine Koffman.
Initial Purchasers and Local Placement Agents
A&O Shearman acted as New York counsel to the Initial Purchasers through partner Alejandro A. Gordano and visiting attorneys Moisés Gonzalez and Delfina Meccia.
Bruchou & Funes de Rioja acted as Argentine counsel to the Local Placement Agents through partner Alejandro Perelsztein, and associates Sebastián Pereyra Pagiari, Gonzalo Javier Vilariño and Marco Haas.