Bruchou & Funes de Rioja y Beccar Varela advise on Vista Energy Argentina’s Class XXV notes issuance
PRESS RELEASE
Buenos Aires, July 26, 2024. On July 8th, Vista Energy Argentina S.A.U. (“Vista”) successfully issued the Class XXV Notes -single, non-convertible into shares, denominated in U.S. dollars, integrated and payable in Pesos-, for a nominal amount of US$ 53.195.250 (fifty-three million one hundred ninety-five thousand two hundred fifty million United States Dollars) (the “Class XXV Notes“, or the “Notes” indistinctly). The issuance was made under the company’s Global Program of up to US$800,000,000 (or its equivalent in other currencies or units of value).
The Class XXV Notes, maturing on July 86h, 2028, will accrue interest at a nominal annual fixed rate, equivalent to 3%, and will amortize its principal in one payment on the maturing date.
Additionally, the Notes were admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading at Mercado Abierto Electrónico S.A. On June 28th, 2024, FIX SCR S.A. Agente de Calificación de Riesgo (Fitch Ratings Affiliate), and Moody’s Local AR Agente de Calificación de Riesgo S.A., on the same date, locally rated the Notes as “AAA(arg)” and “AAA.ar“, respectively, with a “stable” outlook.
In the issuance Banco Santander Argentina S.A., Puente Hnos. S.A., Balanz Capital Valores S.A.U., TPCG Valores S.A.U., Banco Comafi S.A., Banco de Galicia y Buenos Aires S.A.U., Global Valores S.A., Banco de Servicios y Transacciones S.A., Macro Securities S.A.U., Max Capital S.A., Facimex Valores S.A. and Banco Mariva S.A. acted as placement agents (all of them, collectively, the “Placement Agents“).
Counsel to Vista:
Bruchou & Funes de Rioja: team led by José María Bazán, assisted by Josefina Mortola, Saiach, Sofia Maselli and Melina Signorello.
In-house counsel: Florencia Hardoy y Rosario Maffrand.
Counsel to Placement Agents:
Beccar Varela: team led by Luciana Denegri, assisted by María Victoria Pavani, Julian Ojeda and Martina Puntillo.