TCA Tanoira Cassagne advised on the issuance of Series III Treasury Notes of the Province of Neuquén.


On June 9, the Province of Neuquén (the “Province”), has successfully issued the Treasury Notes Series III for a total aggregate amount of AR$10,000,000,000 with a nominal annual variable rate equivalent to the Badlar rate plus a margin of 8.90%, secured with resources under the Federal Tax Co-Participation Regime paid to the Province; issued by means of direct subscription by: a) Banco Provincia del Neuquén S.A. for the amount of $8,500,000,000,000 and b) Gas y Petróleo del Neuquén S.A. for the amount of $1,500,000,000.

Ministerio de Economía e Infraestructura de la Provincia del Neuquén acted as principal arranger and placement agent; and Banco Provincia del Neuquén S.A. as calculation agent.

TCA Tanoira Cassagne advised the issuer, through a team led by partners Alexia Rosenthal and Jaime Uranga and associates Juan Sanguinetti, and Juan Manuel Simó.

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