On July 4, 2025, Compañía MEGA S.A. (“Compañía MEGA”) issued its Class 1 Notes, denominated and payable in US Dollars in Argentina for a nominal amount of USD 59.5 million, which will accrue interest at a fixed rate of 7.50% and will mature on July 4th, 2027. The Notes were issued under the Global Program for the issuance of simple, not convertible into shares, for a nominal amount of up to USD 500,000,000 -or its equivalent in other currencies-.
The placement of the notes was carried out by Industrial and Commercial Bank of China (Argentina) S.A.U., Banco de Galicia y Buenos Aires S.A., Banco BBVA Argentina S.A. and Banco Santander Argentina S.A. as arrangers and placement agents (the “Arrangers”), and Banco Patagonia S.A., Banco de la Provincia de Buenos Aires, BACS Banco de Crédito y Securitización S.A., Balanz Capital Valores S.A.U. and PP Inversiones S.A. as placement agents (together, the “Placement Agents”).
Compañía MEGA is an Argentine company which its main activity in the industrial sector of natural gas processing. Its business focuses on adding value to natural gas through the separation and fractionation of its liquid components, obtaining propane, butane, natural gasoline, and ethane. The company has a Separator Plant in Neuquén Province, a Fractionation Plant in Bahía Blanca (Buenos Aires Province), and a 600 km polyduct that connects them, crossing four provinces. In addition to the production and commercialization of these products, it also provides services and sells energy to third parties as an accessory activity.
The offer was directed to the local market. Likewise, the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and negotiation on A3 Mercados S.A.
Legal counsel to Compañía MEGA
In-house cousels: Pablo Javier Gibaut, Pablo Javier Nizza and María Elena Abraham.
Marval O´Farrell Mairal: Partner Sergio Tálamo and associates Juan Pablo Lentino, Agustín Ponti and Lautaro Penza.
Legal counsel to the Arrangers and Placement Agents
TCA Tanoira Cassagne: Partners Alexia Rosenthal and Jaime Uranga and associates Carolina Mercero and Jimena Torres Marcelo.
