Vista Argentina in $600 Million Offering

Cleary Gottlieb represented Vista Energy Argentina S.A.U. (Vista Argentina) in its offering of $600 million 7.625% senior notes due 2035.

The offering launched on November 26, 2024, priced on December 4, 2024, and closed on December 10, 2024. The offering was conducted as a private placement in the United States under Rule 144A and an offshore offering in reliance on Regulation S. The notes are expected to be listed on the Bolsa y Mercados Argentina S.A. (BYMA), and admitted for trading on the BYMA and on the Mercado Abierto Electrónico S.A.

Vista Argentina is a leading shale oil-focused company engaged in the exploration and production of oil and natural gas in Argentina, operating since April 4, 2018. Vista is the third-largest oil operator in Argentina, and the second-largest 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 ADSs listed on the New York Stock Exchange.