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A&O Shearman represents initial purchasers on YPF Luz’s USD420 million bond offering
A&O Shearman represented the initial purchasers in connection with YPF Energía Eléctrica S.A.’s (YPF Luz) offering of USD420 million 7.875% Senior Notes due 2032 and the conditional full redemption of its USD400 million 10.000% Senior Notes due 2026, subject to consummation of the offering.
This transaction represents YPF Luz’s first participation in international capital markets since 2019. Proceeds from the offering will be used to refinance indebtedness, including related expenses as well as general corporate purposes.
YPF Luz is a leading Argentine power company primarily engaged in the development and generation of electric power from both conventional (thermal) and renewable (wind and solar) sources.
The A&O Shearman team that advised YPF Luz was led by partner Alejandro A. Gordano alongside associate Gonzalo Robles and visiting attorneys Moises Gonzalez Arroyo and Delfina Meccia as well as partner Lorenz Haselberger and associate Daniel Kachmar.
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