Transactions

Financing Operations
Syndicated Loans and Other Bank Financings

  • Albanesi Energía S.A., as borrower, in a US$175 million syndicated secured loan from UBS AG, Stamford Branch, for the development, construction, implementation and operation of an up to 200 megawatt co-generation plant in the Timbúes region, Province of Santa Fe, Argentina (2017-2016)

  • Itaú, as administrative agent and as collateral agent, a syndicate of banks acting as lenders and Itaú and JP Morgan as joint lead arrangers and joint bookrunners in connection with a US$70 million cross border pre-export financing granted to Molino Cañuelas S.A.C.I.F.I.A. (2016)

  • Pampa Energía S.A., as borrower of a secured syndicated bridge loan for an amount of US$ 450 million and AR$ 2,250 million granted by Deutsche Bank AG London Branch, Citibank N.A., Citibank N.A. Argentine Branch, Credit Agricole Corporate and Investment Bank, Banco de Galicia y Buenos Aires S.A., Banco Hipotecario S.A. and Industrial and Commercial Bank of China Limited Dubai (DIFC) Branch, for the purchase of Petrobras Argentina S.A. (2016)

  • Generación Mediterránea S.A., Generación Independencia S.A. and Generación Riojana S.A., as borrowers, and Albanesi S.A., as guarantor, in a secured loan from BAF Latam Trade Finance Fund B.V., for the purpose of financing the partial balance of the financing obtained for the construction, operation and maintenance of the Central Térmica Independencia and financing working capital (2016)

  • Petrolera Pampa S.A., as borrower, in a US$120 million loan granted by Banco Santander Río S.A. (2016)

  • Pampa Energía S.A., as borrower, in a US$140 million loan granted by YPF S.A. in connection with the transfer of exploitation rights in the Río Neuquén area (2016)

  • Petrolera Pampa S.A., as borrower, in its AR$765 million syndicated loan granted by Industrial and Commercial Bank of China (Argentina) S.A.,  Sucursal de Citibank N.A. establecida en la República Argentina, Banco Hipotecario S.A. and BACS Banco de Crédito y Securitización S.A. (2015)
  • Banco Itaú Argentina S.A., as administrative agent and lender, and Banco Hipotecario S.A., Banco de Galicia y Buenos Aires S.A., Nuevo Banco de Entre Ríos S.A. and Banco de San Juan S.A. as lenders, in a AR$ 350 million syndicated loan granted to Nidera S.A., a leading agribusiness company (2015) 
  • Industrial and Commercial Bank of China (Argentina) S.A.,  as arranger, administrative agent and lender, Banco Hipotecario S.A., as arranger and lender, and BACS Banco de Crédito y Securitización S.A., as arranger, in a AR$240 million syndicated loan granted to Genneia S.A., a company engaged in the generation and sale of electricity (2015)
  • Banco de Servicios y Transacciones S.A., as arranger, administrative agent and lender in a syndicated loan for AR$110 million granted to Cordial Compañía Financiera S.A. (a subsidiary of Banco Supervielle S.A. engaged in the consumer financing loans) by Banco de Servicios y Transacciones S.A., Banco de la Ciudad de Buenos Aires, BACS Banco de Crédito y Securitización S.A., Banco Mariva S.A., Banco Industrial S.A., Banco Sáenz S.A. and Banco Meridian S.A. (2015)
  • Banco de Servicios y Transacciones S.A., as arranger, administrative agent and lender in a syndicated loan for AR$44 million granted to Rafael G. Albanesi S.A. (a company engaged in the generation and sale of electricity) by Banco de Servicios y Transacciones S.A., Banco de la Provincia de Córdoba S.A., Banco Provincia del Neuquén S.A., Banco Sáenz S.A. y Banco Voii S.A., and as trustee for the assignment of cash flows derived from a natural gas sale contract as collateral (2015)
  • Central Térmica Loma de la Lata S.A., as borrower, in its AR$450 million loan syndicated loan granted by Sucursal de Citibank N.A. establecida en la República Argentina, Industrial and Commercial Bank of China (Argentina) S.A.,  Banco Hipotecario S.A. and BACS Banco de Crédito y Securitización S.A., and Pampa Energía S.A. with respect to the guaranty granted for the payment of such facility. (2014)
  • Industrial and Commercial Bank of China (Argentina) S.A. and Banco Itaú Argentina S.A., as arrangers of the AR$ 90 million amended syndicated loan to Generación Mediterránea S.A. (a company engaged in the generation and sale of electricity) and guaranteed by its parent company Albanesi S.A., granted by such banks, Banco de la Ciudad de Buenos Aires, Banco de la Nación Argentina, Banco de la Provincia de Córdoba S.A., Banco del Chubut S.A. and Banco Hipotecario S.A. (2014)
  • Central Térmica Loma de la Lata S.A., as borrower, in its AR$73 million loan facility granted by Sucursal de Citibank N.A. establecida en la República Argentina, and Pampa Energía S.A. with respect to the guaranty granted for the payment of such facility. (2013)
  • Central Térmica Güemes S.A., as borrower, in connection with the AR$157 million loan granted by Banco Hipotecario S.A., Banco Santander Rio S.A., Sucursal de Citibank N.A. establecida en la República Argentina, and Standard Bank Argentina S.A. (2013)
  • Pampa Inversiones S.A., as borrower, in connection with the secured US$90 million loan made by Citibank International Plc. and Standard Bank Plc., and Pampa Energía S.A. with respect to the guaranty it granted for the payment of such facility. (2012 - 2011)
  • Pampa Energía S.A. and its subsidiary Central Térmica Loma de la Lata S.A., in connection with the AR$110 million loan granted by Sucursal de Citibank N.A. establecida en la República Argentina. (2012)
  • Overseas Private Investment Corporation and Banco Interamericano de Desarrollo (IDB), as lenders, in a US$30 million secured loan granted to Plaza Logística S.R.L. and Plaza Tomtur S.A.. (2012)
  • Banco de Servicio y Transacciones S.A., as trustee, with respect to the secured syndicated financing granted to Central Térmica Roca S.A. by Credit Suisse International, Standard Bank Argentina S.A., Banco Itaú Argentina S.A., Banco de la Ciudad de Buenos Aires, for the amounts of US$30 million and AR$85 million. (2012)
  • Overseas Private Investment Corporation, as lender, in the granting of a secured loan to Plaza Logística S.R.L. for an amount of US$10 million. (2010)
  • Central Térmica Loma de la Lata S.A. as borrower, and its controlling shareholder Pampa Energía S.A. as guarantor, in connection with the US$205 million syndicated project financing loan granted by ABN AMRO Bank N.V. and Standard Bank, Plc. (2008)

    This transaction was short-listed for the award “Deal of the Year 2008” in the category “Project Finance” by IFLR.

  • Credicorp Capital Servicios Financieros S.A., BBVA Securities Inc., Citibank N.A. and JPMorgan Chase Bank, N.A as lenders, in respect of a bridge loan for an amount of US$ 200,000,000 granted to Tecpetrol S.A., Tecpetrol del Perú S.A.C. and Tecpetrol Bloque 56 S.A.C. (2017).

  • Itaú, as Administrative Agent and as Collateral Agent, a syndicate of banks acting as Lenders and Itaú and JP Morgan as Joint Lead Arrangers and Joint Bookrunners in connection with a US$ 70,000,000 cross border pre-export financing granted to Molino Cañuelas S.A.C.I.F.I.A. (2017).

  • Central Térmica Loma de La Lata S.A. as borrower, and Pampa Energía S.A. as Guarantor, in a US$ 54,000,000 cross border export credit financing granted by Credit Agricole Corporate and Investment Bank as original lenders and facility agents, ECA Agent and Mandate Lead Arranger and Sturcturing Bank and Finnish Export Credit Ltd. as lender (2017)

  • Greenwind, a joint venture of Pampa Energía and US private equity firm Castlelake, and Pampa Energía as guarantor, in a US$104,000,000 loan granted by IIC, Santander and ICBC to fund the construction of El Corti wind farm project, under the Argentina´s RenovAr renewable energy programme (2017)

  • Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR) as borrower of a US$ 50,000,000 cross border loan granted by Industrial and Commercial Bank of China Dubái (2017)

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