Pluspetrol in $500 Million International Notes Offering

Cleary Gottlieb represented Pluspetrol, acting through co-issuers Pluspetrol Camisea S.A., and Pluspetrol Lote 56 S.A., in its Rule 144A/Reg S debt offering of $500 million aggregate principal amount of 6.240% senior notes due 2036.

The offering priced on June 27, 2024, and is expected to close on July 3, 2024. The notes are expected to be listed on the Singapore Exchange Securities Trading Limited.

BofA Securities, Inc., Citigroup Global Markets Inc, and J.P. Morgan Securities LLC acted as global coordinators and joint bookrunners, and Scotia Capital (USA) Inc acted as joint bookrunner.

Pluspetrol is a leading private, independent, international company with over 45 years of experience in the exploration and production of oil and gas. Pluspetrol is present in Argentina, Colombia, Ecuador, United States, the Netherlands, Peru, and Uruguay. Pluspetrol Camisea and Pluspetrol Lote 56 hold a 25.0% interest in license contracts related to one of the largest natural gas producing fields in Peru.