Deal · Argentina
Bomchil advises ICBC and Banco de Galicia on the granting of a syndicated loan to Metrogas
Bomchil advised Industrial and Commercial Bank of China (Argentina) S.A.U. ("ICBC") and Banco de Galicia y Buenos Aires S.A. ("Galicia") on the granting of a syndicated loan to Metrogas S.A. ("Metrogas"), the leading gas distributor in Argentina.
Bomchil advised Industrial and Commercial Bank of China (Argentina) S.A.U. ("ICBC") and Banco de Galicia y Buenos Aires S.A. ("Galicia") on the granting of a syndicated loan to Metrogas S.A. ("Metrogas"), the leading gas distributor in Argentina. In this case, ICBC and Galicia granted Metrogas a syndicated loan in the amount of $88,770,432,560 to repay financial and commercial debt.
The transaction closed on September 3, and disbursements took place on September 5, 2025.
The loan is secured by a trust assignment in favor of TMF Trust Company (Argentina) S.A., as trustee and guarantor, of the present and future collection rights related to the credits generated by the invoices issued by MetroGas for the provision of gas distribution services to its residential, industrial, and power plant customers.
Legal Advisors to Metrogas
In-house Lawyers: Pablo Ernesto Anderson, Damián Díaz, and Santiago Balbi.
Legal Advisors to TMF
In-house Lawyers: María Lalia, Rosario Tapia, and Leonardo Pirolo
Legal Advisors to the Banks
In-house Lawyers to Banco de Galicia: Fiorella Ascenso Sanabria
In-house Lawyers to ICBC: Tomás Eduardo Koch, Sonia Lannutti, and Juan Cruz González Groppo
Bomchil: Partner María Victoria Tuculet, and associates Tomás Celerier and Camila Belén González Lima. Partner Ariadna Artopoulos and associate Agustina Salatino participated in the tax matters. Partner Julia Villanueva participated in the guarantee matters.
bomchil.com
