DLA Piper advised Empresa Distribuidora y Comercializadora Norte S.A. (Edenor), Argentina’s largest electricity distributor, on its reopening of Class 10 Notes for approximately US$200 million.
The Notes are denominated and payable in US dollars abroad, bear interest at a 9.5 percent annual rate and mature on April 28, 2033. The reopening adds approximately US$200 million to the Class 10 Notes originally issued on April 28, 2026 in an aggregate principal amount of US$550 million. As a result, the total outstanding principal amount of the Class 10 Notes is approximately US$750 million.
The DLA Piper deal team included Partners Tom Levato (New York), Marcelo Etchebarne, and Alejandro Noblía, Of Counsel Nicolás Teijeiro, and Associates Daiana Suk, Federico Vieyra, Ignacio Comparato, and Martina Mastandrea (all Buenos Aires).
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