Bomchil represented Industrial and Commercial Bank of China (Argentina) S.A.U. (“ICBC”) and Banco de Galicia y Buenos Aires S.A. (“Galicia”) with regard to the granting of a syndicated loan to Metrogas S.A. (“Metrogas”), Argentina’s largest gas distribution company. On this occasion, ICBC and Galicia granted a syndicated loan for the amount of ARS 88,770,432,560 to Metrogas, intended for the repayment of financial and commercial debt.
The transaction was carried out on September 3, and disbursements took place on September 5, 2025
The loan is secured through a fiduciary assignment in favor of TMF Trust Company (Argentina) S.A., acting as trustee and collateral agent, of the present and future collection rights arising from the receivables generated by 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 counsel to the Banks
In-house lawyers for Galicia: Fiorella Paola Ascenso Sanabria
In-house lawyers for ICBC: Tomás 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 were involved in the tax aspects. Partner Julia Villanueva participated in the matters related to the loan guarantee.