Beccar Varela and Bruchou advise on the issuance of Vista Oil & Gas’s Classes XI AND XII Notes.
Buenos Aires, August 30th, 2021. On August 27th, Vista Oil & Gas Argentina S.A.U issued Class XI and Class XII Notes, simple, non-convertible into shares, denominated in U.S. Dollars, to be integrated and payable in Pesos, for a total nominal amount of US$110,000,000. The issuance was made under the company’s Global Program of up to US$800,000,000.
Class XI Notes were issued for a nominal amount of US$9,230,270, maturing on August 27th, 2025, and will accrue interest at a nominal annual fixed rate, equivalent to 3,48%. Its principal will be amortized in one payment on the maturing date.
Class XII Notes were issued for a nominal amount of US$100,769,730 and will mature on August 27th, 2031. This class will accrue interest at a nominal annual fixed rate of 5,85% and will amortize its principal in fifteen semiannual dues per matured semester starting on August 27th, 2024.
Class XI and Class XII Notes were admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading in the Mercado Abierto Electrónico S.A. In addition, FIX SCR S.A. locally rated “AA-(arg)” with a stable outlook (perspectiva estable) Class XI and Class XII Notes on August 20th.
In the issuance of Class XI and Class XII Notes, Vista Oil & Gas Argentina S.A.U. acted as issuer and was advised by Bruchou, team led by José María Bazán, with the participation of Facundo Sainato, Ramón Augusto Poliche and Valentín Alfredo Bonato. Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A.U., Banco de la Provincia de Buenos Aires, Banco Itaú Argentina S.A., Banco Santander Rio S.A., Itaú Valores S.A. and Macro Securities S.A acted as placement agents and were advised by Beccar Varela, team led by Luciana Denegri with the participation of María Victoria Pavani, María Inés Cappelletti and Julián Ojeda.