Vista Oil & Gas Argentina’s Notes Offering

Bruchou, Fernández Madero & Lombardi and Beccar Varela advised on the deal.

Vista Oil & Gas Argentina S.A.U. (“Vista Argentina”) issued notes for an aggregate nominal amount equivalent to US$42,371,396 and 9,323,430 UVA, carried out under the company’s Global Program of up to US$800 million (or its equivalent in other currencies): Class VII Notes, denominated in US Dollars, to be subscribed and payable in Argentine Pesos (dollar-linked), and Class VIII Notes, denominated in UVA (Unidades de Valor Adquisitivo), subscribed and payable in Argentine Pesos. On March 26th, Vista Argentina issued Additional Class VIII Notes, for a nominal amount equivalent to 33.966.570 UVA. 

Class VII Notes’ will be due on March 10th, 2024, accruing interest at a fixed rate of 4.25% n.a., amortizing the capital in one single payment on the due date.

Class VIII Notes’ and the Additional Class VIII Notes’ will be due on September 10th, 2024, accruing interest at a fixed rate of 2,73% n.a., amortizing the capital in one single payment on the due date.

The Notes are listed in Bolsas y Mercados Argentinos S.A. and Mercado Abierto Electrónico S.A. FIX SCR S.A. rated the Notes A+ (arg).

Allaria Ledesma & Cia S.A., AR Partners S.A., Balanz Capital Valores S.A.U., Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A.U., Banco de la Provincia de Buenos Aires S.A., Banco Itaú Argentina S.A., Banco Macro S.A., Banco Santander Río S.A., Banco Supervielle S.A., Itaú Valores S.A., Macro Securities S.A., Puente Hnos. S.A., SBS Trading S.A., and TPCG Valores S.A.U. acted as placement agents in the Class VII and Class VIII Notes issuances.

Balanz Capital Valores S.A.U., Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A.U., Banco de la Provincia de Buenos Aires S.A., Banco Santander Río S.A., y Macro Securities S.A. acted as placement agents in the Additional Class VIII Notes issuance.

Bruchou, Fernández Madero & Lombardi advised Vista Argentina with a team led by José María Bazán (Picture), assisted by Facundo Sainato and Manuel Etchevehere.

The In-house counsel of Vista Argentina were Florencia Hardoy and Rosario Maffrand.

Beccar Varela advised the Placement Agents with a team led by Luciana Denegri, assisted by María Victoria Pavani and María Inés Cappelletti.

Involved fees earner: María Inés Cappelletti – Beccar Varela; Luciana Denegri – Beccar Varela; Maria Victoria Pavani – Beccar Varela; José María Bazán – Bruchou, Ferna?ndez Madero & Lombardi; Manuel Etchevehere – Bruchou, Ferna?ndez Madero & Lombardi;

Law Firms: Beccar Varela; Bruchou, Ferna?ndez Madero & Lombardi;

Clients: Allaria Ledesma & Cia SA; AR Partners ; Balanz Capital S.A. ; Banco de Galicia y Buenos Aires S.A.; Banco de la Provincia de Buenos Aires; Banco Itaú Argentina S.A.; Banco Macro S.A.; Banco Santander Río S.A.; Banco Supervielle S.A. ; BBVA Argentina (BBVA); Itaú Valores S.A.; Macro Securities S.A.; Puente Hermanos S.A.; SBS Trade SA; TPCG Valores S.A.; Vista Oil & Gas S.A.U. ;

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