Linklaters advises Santander US Capital Markets LLC, Citigroup Global Markets Inc., and Itaú BBA USA Securities in connection with the Rule 144A/Regulation S cross-border offering by Vista Energy Argentina S.A.U. (Vista Argentina) of US$500 million 8.500% senior notes due 2033. The offering was announced on June 2, 2025, priced on June 4, 2025, and closed on June 10, 2025. The notes are expected to be listed on the Bolsa y Mercados Argentina S.A. (BYMA), and admitted for trading on BYMA and on A3 Mercados S.A.
Vista Argentina is a leading shale oil-focused company engaged in the exploration and production of oil and natural gas in Argentina. Vista is the largest independent oil operator in Argentina and in Vaca Muerta, the most extensive shale oil and gas play under development outside North America. The issuer is a subsidiary of Vista Energy S.A.B. de C.V., a Mexican publicly traded corporation with shares listed on the Mexican Stock Exchange and ADS’s listed on the New York Stock Exchange.
The Linklaters team was led by partners Matthew Poulter and Emilio Minvielle, alongside partner Gabriel Grossman (Tax), associates Madeleine Bléhaut, Thomas Tiphaine-Koffman, and Young Jin Kim (Tax), and foreign lawyer Julia Avelin Ribeiro.
Linklaters’ lawyers have practiced in Latin America for decades and the firm was one of the first international firms to open an office in Brazil in 1997. With a growing team of Latin America-focused lawyers across the firm’s New York, Washington, D.C., and São Paulo, the firm continues to increase its presence in the Latin America region and deepen existing relationships with leading local law firms. Linklaters is highly ranked across key Latin America legal directories including Chambers, Legal 500, and Latin Lawyer.
