Milbank LLP advised the initial purchasers in connection with the $450 million notes offering by Argentinian natural gas company Pluspetrol S.A., the second largest company in Vaca Muerta by acreage and part of Pluspetrol Group, one of the largest private oil and gas operators in Latin America.
“We are pleased to have advised the initial purchasers on this debut notes offering,” said Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group. “This transaction demonstrates our firm’s continued leading presence in the oil and gas sector, as well as within the Argentinian and Latin American debt markets generally.”
The success of this offering follows Milbank’s representation of the initial purchasers in the inaugural bond offering by Peruvian subsidiaries of Pluspetrol last year.
The Milbank deal team was led by Mr. Mottesi with support from Corporate Finance and Securities special counsel Gonzalo Guitart and associate Pamela Molina and international attorney Manuel Etchevehere. The team also included Tax partner Andrew Walker and associate Blake Rocks.
