Galileo Rental’s $20 Million Credit Facility

Martínez de Hoz & Rueda and DLA Piper advised on the transaction

Galileo Rental secured a $20 million loan with a banking syndicate led by Banco de Galicia y Buenos Aires S.A.U.

Proceeds will be used to finance investment in fixed assets.

Galileo Rental engages in the production of goods and services for transportation and consumption of natural gas, biomethane and hydrogen.

TMF Trust Company (Argentina) acted as fiduciary agent on the transaction.

Martínez de Hoz & Rueda advised Banco de Galicia y Buenos Aires S.A.U. and TMF Trust Company (Argentina) S.A. with José Martínez de Hoz (n) and Luisina Luchini.

DLA Piper advised Galileo Rental S.A. with a team including Martín Mittelman and Juan Francisco Fernández Garcés.

Involved fees earner: Juan Francisco Fernández Garcés – DLA Piper; Martín Mittelman – DLA Piper; Luisina Luchini – Martínez de Hoz & Rueda; José Martínez de Hoz (n) – Martínez de Hoz & Rueda;

Law Firms: DLA Piper; Martínez de Hoz & Rueda;

Clients: Banco de Galicia y Buenos Aires S.A.; Galileo Rental S.A.; TMF Trust Company;

Author: Ambrogio Visconti.