Marval and Bruchou in Genneia?s eleventh local issuance

Genneia S.A. (“Genneia” or the “Issuer”) issued its XI local notes under its USD 200,000,000 global short, medium and long term note programme (the “Notes”). Genneia is an Argentine energy company which primarily operates in power generation, but also currently operates in natural gas transportation and services, natural gas distribution, natural gas pipeline construction and energy commercialization businesses.

The Notes were issued in an aggregate amount of USD 35,000,000 and bear interest at a 6.25% fixed interest rate per annum, with maturity on February 19, 2016. The Notes are dollar linked securities (bonds denominated in United States Dollars which are paid-in by the investors and payable by the Issuer in Pesos at an applicable exchange rate).

Diego Abelleyra and Tomás Córdoba acted as in-house counsels.

Marval, O’Farrell & Mairal counseled the Issuer through the team lead by partner Gabriel Matarasso and associates Manuela Lava and Constanza Rudi.

Bruchou, Fernández Madero & Lombardi advised the arrangers and placement agents Banco Itaú Argentina S.A. and Banco Macro S.A. through the team led by partners Roberto Lizondo, Hugo Bruzone, senior associate Julieta De Ruggiero and associates Martina Galarraga and Tomás González Sabathié.