Pan American Energy, S.L.’s $7.15 Million notes due 2023, $52.8 Million Notes due 2024 and Ps.3.34 Billion Notes Offering

Martínez de Hoz & Rueda advised on the transaction

Pan American Energy, S.L. executed its offering of $7.159 million notes due 2023, $52.84 million notes due 2024 and Ps.3.349 billion notes.

Banco de Galicia, Banco Macro, Macro Securities, Banco Patagonia, Santander Argentina e Industrial and Commercial Bank of China (Argentina) acted as underwriters on the offering.

Pan American Energy (PAE) is a subsidiary company of British Energy BP engaged in the exploration and production of oil and natural gas. It has experience in offshore drilling and hostile terrain. Has deposits in sedimentary basins of Argentina and Bolivia.

Martínez de Hoz & Rueda advised the underwriters with a team including José Martínez de Hoz (n) (Picture), Pablo Schreiber, Luisina Luchini and María del Mar Lapeña.

Involved fees earner: Luisina Luchini – Martínez de Hoz & Rueda; María del Mar Lapeña – Martínez de Hoz & Rueda; José Martínez de Hoz (n) – Martínez de Hoz & Rueda; Pablo Schreiber – Martínez de Hoz & Rueda;

Law Firms: Martínez de Hoz & Rueda;

Clients: Banco de Galicia y Buenos Aires S.A.; Banco Macro S.A.; Banco Patagonia SA ; Banco Santander Río S.A.; Industrial and Commercial Bank of China; Macro Securities S.A.;

Author: Ambrogio Visconti.