Milbank LLP advised Compañía General de Combustibles S.A. (“CGC”) in connection with its issuance of $300 million aggregate principal amount of 11.875% senior notes due 2030. The notes were issued on November 28, 2025, and placed in the international market pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933. The proceeds from the placement of the notes will be used for the payment or refinancing of existing financial indebtedness.
CGC is a leading company in the oil and gas industry, with activities that include the exploration, production and development of hydrocarbon fields.
The Milbank deal team was led by Corporate Finance and Securities partner Adam Brenneman with special counsel Gonzalo Guitart, associate Pamela Molina and international attorney Hugo Bruzone.
