TCA Tanoira Cassagne advised ICBC on the granting of a Loan to EDENOR for AR$65,000,000,000

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TCA Tanoira Cassagne advised Industrial and Commercial Bank of China (Argentina) S.A.U. (“ICBC”), in its capacity as lender, in the structuring of a loan agreement to Empresa Distribuidora y Comercializadora Norte S.A. (“EDENOR”) the largest electricity distributor in Argentina, for an amount of AR$65,000,000,000.

EDENOR holds an exclusive concession to distribute electricity in the northwest of Greater Buenos Aires and in the northern area of the City of Buenos Aires, covering a surface of 4,637 square kilometers and a population of approximately nine million inhabitants.

Legal Counsel to EDENOR: it was carried out by EDENOR’s in-house legal team, led by Legal Affairs Manager Federico Ponelli.

Legal counsel to ICBC: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Ignacio Criado Diaz; and Associate Carolina Mercero.

Sonia Lannutti and Juan Cruz González Groppo also participated as in-house legal counsel to ICBC.

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