MARCH 06, 2020

Beccar Varela and Bruchou advise on Vista Oil & Gas notes issuance.



Buenos Aires, 6 March 2020. On February 21, Vista Oil & Gas S.A.U. issued Class III notes for a nominal value of US$50.000.000. This significant issuance included the notes integration in Pesos and their repayment in US Dollars through a foreign account owned by Caja de Valores S.A. It was carried out within Vista’s global program for short, medium and long-term notes, not convertible into shares, for a maximum circulation amount of up to US$800 million (or its equivalent in other currencies and/or value units).

The maturity date of Class III Notes will take place 48 months as from their issuance and settlement date, that is on 21 February 2024, accruing interest at an annual nominal fixed rate of 3.50%. The capital will be amortized in a single installment on the due date. On February 13th, FIX SCR S.A. (“Fix”) rated these notes A+ (arg).

The Notes have been listed on Bolsas y Mercados Argentinos S.A. and have been admitted to trading on Mercado Abierto Electrónico S.A.; they are eligible through Euroclear Bank S.A/N.V.

In these issuance, Allaria Ledesma & Cía. S.A., Balanz Capital Valores S.A.U., Banco de Galicia y Buenos Aires S.A.U., Banco Itaú Argentina S.A., BACS Banco de Crédito y Securitización S.A., SBS Trading S.A., TPCG Valores S.A.U., Banco Macro S.A., Banco BBVA Argentina S.A., Itaú Valores S.A., Macro Securities S.A., Puente Hnos. S.A. and Banco Santander Río S.A. acted as placement agents.

Counsel to Vista Oil & Gas S.A.U. (issuer)

Bruchou, Fernández Madero & Lombardi: team led by partner José María Bazán, assisted by Andrés Chester, Agustín Bauer, Facundo Sainato, Néstor Santiago Duhalde and Josefina Reyes.

In-house counsel: Florencia Hardoy and Rosario Maffrand.

Counsel to the placement agents

Beccar Varela: team led by partner Luciana Denegri, assisted by associates María Victoria Pavani, María Inés Cappelletti and Carolina Daher.