Martínez de Hoz & Rueda represented PECOM Servicios Energía S.A.U. (“PECOM”), a company focused on oil production, engineering projects, and providing comprehensive solutions for the oil and gas, electric power, and mining industries, with presence in Argentina, Brazil, Colombia and Uruguay, while Bomchil advised Industrial and Commercial Bank of China (Argentina) S.A.U. (“ICBC Argentina”) in connection with a loan granted by ICBC Argentina in the amount of US$23,500,000.
The proceeds obtained under the loan will be used by PECOM for the refinancing of certain indebtedness, representing a material improvement in the maturity terms and applicable interest rate.
The transaction closed on January 7, 2025.
Legal Advisors to PECOM:
In-house legal team – Gustavo Hours and Eduardo Arzeno.
Martínez de Hoz & Rueda – Team led by partner Pablo Schreiber, Jimena Vega Olmos, and Juan Cruz Azzarri.
Legal Advisors to ICBC Argentina:
In-house legal team – Tomás Koch, Sonia Lanutti, and Juan Cruz González Groppo.
Bomchil – Team led by partner Victoria Tuculet, assisted by associates Luciano Zanutto, Tomás Celerier, Lourdes María Aguirre, and Francisco Diskin.