EGFA Abogados (“EGFA”) once again advised Empresa Distribuidora de Electricidad de Salta S.A. (“EDESA” or the “Issuer”, interchangeably), and TCA Tanoira Cassagne (“TCA”) advised Balanz Capital Valores S.A.U., Banco BBVA Argentina S.A., Banco Patagonia S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco CMF S.A., Banco Mariva S.A., Macro Securities S.A.U., Banco Hipotecario S.A., Banco de la Provincia de Buenos Aires, Adcap Securities Argentina S.A. and Global Valores S.A., as placement agents (collectively, the “Placement Agents”), in the issuance of (i) Class 3 Notes for an aggregate nominal amount of AR$19,824,115,944, at an annual floating interest rate equivalent to the TAMAR Rate plus a 6.00% margin, denominated and payable in Pesos, maturing on July 3, 2027; and (ii) Class 4 Notes for an aggregate nominal amount of US$11,012,458, at a 8.50% interest rate, denominated and payable in U.S. Dollars in Argentina, maturing on July 3, 2028.
EDESA is the only electricity distribution company operating in the Province of Salta.
Legal Counsel of the Issuer: EGFA through a team led by Partner Ximena Digón; and Associates: Constanza Martella and Marina Galíndez.
Legal counsel to the Placement Agents:TCA through a team led by Partners Alexia Rosenthaland Ignacio Criado Díaz; and Associates: Carolina Mercero and Ignacio Larreguy.
