News and developments

Press Releases

BRUCHOU & FUNES DE RIOJA AND TAVARONE, ROVELLI, SALIM & MIANI ADVISE GRUPO ALBANESI ON ITS NEW ISSUANCE OF NEGOTIABLE OBLIGATIONS FOR US$9,364,764

Generación Mediterránea S.A. and Central Térmica Roca S.A. co-issued their Class XXXII Additional Negotiable Obligations, denominated and payable in U.S. Dollars at a fixed nominal annual interest rate of 9.50%, maturing on May 30, 2026, for a nominal value of US$3,686,873 (the “Class XXXII Additional Negotiable Obligations”), and their Class XLII Negotiable Obligations, denominated and payable in Pesos at a variable interest rate, maturing on February 26, 2026, for a nominal value of AR$6,024,952,347 (the “Class XLII Negotiable Obligations” and, together with the Class XXXII Additional Negotiable Obligations, the “Negotiable Obligations”).
21 March 2025
Press Releases

Bruchou & Funes de Rioja and TCA Tanoira Cassagne advised in successful YPF’s Class XXXV and Class XXXVI Notes issuance

Bruchou & Funes de Rioja advised YPF S.A. and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A. and Balanz Capital Valores S.A.U. as arrangers an placement agents, and Banco BBVA Argentina S.A., Banco Comafi S.A., Banco CMF S.A., Banco de la Provincia de Buenos Aires, Banco de la Provincia de Córdoba S.A., Banco Mariva S.A., Banco Patagonia S.A., Banco Supervielle S.A., Buenos Aires Valores S.A., Industrial Valores S.A., Invertironline S.A.U., Petrini Valores S.A.U., Puente Hnos. S.A. and Macro Securities S.A.U, as placement agents, in YPF S.A.’s issuance of (i) the class XXXV notes for an aggregate value of US$139,894,182 (the “Class XXXV Notes”); and (ii) the class XXXVI notes for an aggregate value of US$58,971,000 (the “Class XXXVI Notes”, and together with Class XXXV Notes, the “Notes”) subscribed under YPF´s Frequent Issuer Notes Program.
21 March 2025
Press Releases

Bruchou & Funes de Rioja advised Allaria S.A. on its strategic alliance with Grupo Sancor Seguros to acquire a stake in Banco del Sol

Bruchou & Funes de Rioja advised Allaria S.A., the leading company in Argentina’s capital markets by business volume and the country’s top Clearing and Settlement Agent (ALyC), on the acquisition of an initial 9.5% stake in Banco del Sol’s share capital. This marks the first step in a strategic alliance between Allaria and Grupo Sancor Seguros, aimed at providing comprehensive financial services to companies across the country.
21 March 2025
Press Releases

Bruchou & Funes de Rioja and TCA Tanoira Cassagne advised in successful Petroquímica Comodoro Rivadavia S.A.’s Class S Notes issuance.

Bruchou & Funes de Rioja advised Petroquímica Comodoro Rivadavia S.A. and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A. and Balanz Capital Valores S.A.U. as placement agents (together the “Placement Agents”), in Petroquímica Comodoro Rivadavia’s issuance of Class S Notes for an amount of US$ 65,000,000, under the “Frequent Issuer Simplified Regime” (Régimen de Emisor Frecuente).
21 March 2025
Press Releases

Grupo Albanesi secures a us$ 80,000,000 loan for the refinancing of certain short-term liabilities due 2025

Tavarone Rovelli Salim Miani TRSM advised Grupo Albanesi (Generación Mediterránea S.A., Central Térmica Roca S.A. and Albanesi Energía S.A.), and Bruchou & Funes de Rioja advised the Arranger, the  Security Agent and the Lenders, in the granting of a syndicated loan for a committed amount of US$ 59,000,000 and a máximum amount of US$ 80,000,000 (the “Loan”), entered into by Generación Mediterránea S.A., Central Térmica Roca S.A., as borrowers, Albanesi Energía S.A., as guarantor, and  Banco Hipotecario S.A. as arranger, lender and administrative agent (the “Arranger”), Banco de Galicia y Buenos Aires S.A.U., as security agent and lender (the “Security Agent”), and Banco Supervielle S.A., Banco Santander Argentina S.A., Banco de la Provincia de Córdoba S.A., Banco de la Ciudad de Buenos Aires, Banco de Servicios y Transacciones S.A., and Banco de la Provincia de Buenos Aires (collectively with the Arranger and the Security Agent, the “Lenders”).
21 March 2025
Press Releases

Bruchou & Funes de Rioja advised ECOGAS Inversiones S.A. in its Initial Public Offering (IPO) of Shares through a Voluntary Exchange of Shares of Distribuidora de Gas Cuyana S.A. and Distribuidora de Gas del Centro S.A.

Bruchou & Funes de Rioja advised on the Initial Public Offering (IPO) of ECOGAS Inversiones S.A. (“ECOGAS”) through the public offer for subscription of shares in kind and voluntary exchange addressed to (i) all shareholders holding Class “B” common shares of Distribuidora de Gas del Centro S. A.
24 January 2025
Bruchou & Funes de Rioja