21 August 2026 • 2 minute read
DLA Piper advises Edenor on reopening of Class 10 Notes
DLA Piper advised Empresa Distribuidora y Comercializadora Norte S.A. (Edenor), Argentina’s largest electricity distributor, on its reopening of Class 10 Notes for approximately US$200 million.
The Notes are denominated and payable in US dollars abroad, bear interest at a 9.5 percent annual rate and mature on April 28, 2033. The reopening adds approximately US$200 million to the Class 10 Notes originally issued on April 28, 2026 in an aggregate principal amount of US$550 million. As a result, the total outstanding principal amount of the Class 10 Notes is approximately US$750 million.
The DLA Piper deal team included Partners Tom Levato (New York), Marcelo Etchebarne, and Alejandro Noblía, Of Counsel Nicolás Teijeiro, and Associates Daiana Suk, Federico Vieyra, Ignacio Comparato, and Martina Mastandrea (all Buenos Aires).
DLA Piper’s Latin America team offers full-service business legal counsel to domestic and multinational companies with interests and operations throughout the region. Our integrated approach combines local knowledge with the resources of DLA Piper’s global platform. With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, together with our US-based cross-border attorneys, our teams frequently collaborate with colleagues across the Latin America region, the Iberian Peninsula, and around the world. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve clients’ legal and business needs, whether they are based in Latin America or seeking to do business there. For more information, visit Latin America | DLA Piper.
The Notes are denominated and payable in US dollars abroad, bear interest at a 9.5 percent annual rate and mature on April 28, 2033. The reopening adds approximately US$200 million to the Class 10 Notes originally issued on April 28, 2026 in an aggregate principal amount of US$550 million. As a result, the total outstanding principal amount of the Class 10 Notes is approximately US$750 million.
The DLA Piper deal team included Partners Tom Levato (New York), Marcelo Etchebarne, and Alejandro Noblía, Of Counsel Nicolás Teijeiro, and Associates Daiana Suk, Federico Vieyra, Ignacio Comparato, and Martina Mastandrea (all Buenos Aires).
DLA Piper’s Latin America team offers full-service business legal counsel to domestic and multinational companies with interests and operations throughout the region. Our integrated approach combines local knowledge with the resources of DLA Piper’s global platform. With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, together with our US-based cross-border attorneys, our teams frequently collaborate with colleagues across the Latin America region, the Iberian Peninsula, and around the world. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve clients’ legal and business needs, whether they are based in Latin America or seeking to do business there. For more information, visit Latin America | DLA Piper.