Metrogas’ $32.2 Million Syndicated Loan

Bomchil advised Banco Itaú Argentina S.A. and Industrial and Commercial Bank of China (Argentina) S.A.U. on the transaction

Metrogas secured a $ $32.2 million syndicated loan from Banco Itaú Argentina S.A. and Industrial and Commercial Bank of China (Argentina) S.A.U.. The company also secured the refinancing of previous loans for $82 million.

MetroGAS SA is a gas distribution company. The Company is engaged in the provision of natural gas distribution public services. It distributes approximately 17% of the total natural gas supplied by the nine distribution companies.

Bomchil advised Banco Itaú Argentina S.A. and Industrial and Commercial Bank of China (Argentina) S.A.U. on the transaction with a team including Fermín Caride (Picture), María Victoria Tuculet and Emir Faita.

Involved fees earner: Fermín Caride – Bomchil; Emir Faita – Bomchil; María Victoria Tuculet – Bomchil;

Law Firms: Bomchil;

Clients: Banco Itaú Argentina S.A.; Industrial and Commercial Bank of China;

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Author: Ambrogio Visconti