DLA Piper advised Empresa Distribuidora y Comercializadora Norte S.A. (Edenor), Argentina’s largest electricity distribution company, in the successful international issuance of class 7 notes.
The notes were issued at a fixed annual nominal interest rate of 9.75 percent and maturing on October 24, 2030, under its global issuance program of up to US$750 million, authorized by the Argentine Securities Commission.
The cross-border DLA Piper team that advised Edenor was led by partner Alejandro NoblĂa (Buenos Aires) and included partners Marcelo Etchebarne (New York, Buenos Aires), Christopher Paci (New York), and JoaquĂn Eppens EchagĂĽe (Buenos Aires) and associates Federico Vieyra, Daiana Suk, and Mariana Carbajo (all Buenos Aires).
DLA Piper in Latin America’s team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams serve clients throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to meet our clients’ legal and business needs, whether they are based in Latin America or wish to do business there.