On July 3, 2026, Empresa Distribuidora y Comercializadora Norte S.A. (“Edenor”), the largest electricity distributor in Argentina, successfully completed the issuance of its Class 11 Notes (the “Notes”) in an aggregate principal amount of US$ 213,462,519.
The Notes are denominated and payable in U.S. Dollars abroad, bear interest at a fixed rate of 7.50% per annum and will be repaid in full at maturity. The Notes were subscribed and settled in U.S. Dollars deposited both in Argentina and abroad.
Global Valores S.A. acted as arranger and placement agent, while Balanz Capital Valores S.A.U., Banco Mariva S.A. and Banco Santander Argentina S.A. acted as placement agents (the “Placement Agents”).
The Notes have been authorized for listing and trading on Bolsas y Mercados Argentinos S.A. and A3 Mercados S.A., and are eligible for settlement through Euroclear.
Legal counsel to Edenor
DLA Piper Argentina acted as counsel to Edenor, with a team formed by partner Alejandro Noblia, associates Federico Vieyra and Ignacio Comparato, and paralegal Maia Klein.
Internal legal counsel to Edenor
The Director of Legal and Regulatory Affairs María José Van Morlegan, Legal Affairs Manager Federico Ponelli, Senior Lawyer Sabrina Belén Hernández and Lawyer Marcos Santiago Mogni provided in-house legal advice to Edenor, as issuer.
Legal counsel to the Placement Agents
TCA Tanoira Cassagne acted as counsel to the Placement Agents, with a team formed by partners Alexia Rosenthal, Jaime Uranga and Ignacio Criado Diaz, and associates Teófilo Trusso and Stefanía Lo Valvo.
