Clifford Chance

Clifford Chance advises on notes issuance by the largest electricity distribution company in Mendoza, Argentina

Global law firm Clifford Chance has advised BofA Securities, Inc. and UBS Securities LLC as initial purchasers in connection with Empresa Distribuidora de Electricidad de Mendoza S.A. (EDEMSA)'s US$150 million offering and issuance of its 9.75% Step-Up Notes due 2031. EDEMSA is the largest electricity distribution company in the Province of Mendoza, Argentina.

The Clifford Chance team advising on the deal was led by Hugo Triaca, with support from associates David Rondon, Agata Radajczyk and Cristian Ragucci and foreign lawyer Juan Andrés Bosch.

Clifford Chance regularly advises on similar transactions across Latin America. Recent matters in Argentina include EDENOR's new notes issuance and related exchange offer, and CLISA's successful US$336.5 million debt restructuring.