Oilstone de Argentina’s $12 Million Syndicated Loan


Beccar Varela advised the banks on the transaction

Oilstone de Argentina secured a $12 Million loan from a banking syndicate including Banco Santander Río S.A., Banco de la Ciudad de Buenos Aires and Banco de Inversión y Comercio Exterior S.A.

Oilstone Energía S.A. focuses on acquiring and operating oil and gas properties. The company, led by Diego Garzón Duarte, produces oil and natural gas in Cerro Bandera Area.

Beccar Varela advised Banco Santander Río S.A., Banco de la Ciudad de Buenos Aires and Banco de Inversión y Comercio Exterior S.A. with Maximiliano D’Auro (Picture), Gonzalo J. Ochoa and Lucía Degano.

Involved fees earner: Maximiliano Nicolás D’Auro – Estudio Beccar Varela; Gonzalo Ochoa – Estudio Beccar Varela; Lucía Degano – Estudio Beccar Varela;

Law Firms: Estudio Beccar Varela;

Clients: Banco Santander Río S.A.; Banco Ciudad de Buenos Aires; Banco de Inversión y Comercio Exterior S.A.;

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Author: Ambrogio Visconti.