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YPF Luz Completes High Yield Notes Offering

11.05.24

Simpson Thacher represented YPF Energía Eléctrica S.A. (YPF Luz) in connection with its offering of US$420 million aggregate principal amount of 7.875% Senior Notes due 2032, in reliance on Rule 144A and Regulation S.

YPF Luz is engaged in the development and generation of electrical power from both conventional and renewable sources in Argentina. YPF Luz is 72.7% owned by YPF S.A., Argentina’s largest energy company, and 24.9% owned by GE EFS Power Investments B.V.

The Simpson Thacher team included Juan Francisco Méndez, Juan Naveira, Jon Vicuña and Matias Allende (Capital Markets), and Jon Cantor and Sean Largey (Tax).