Argentina's Edesur secures $210M syndicated loan for grid investment
What's the deal? EdesurDealroom has a profile for this one. Try Dealroom →, the utility that distributes electricity across southern Buenos Aires and 12 surrounding municipalities, has secured a syndicated loan of US$5.29B. The financing was disbursed on September 17, 2026.
Who's lending? Banco Santander ArgentinaDealroom has a profile for this one. Try Dealroom → and ICBC Argentina led as arrangers and lenders, with ICBC also acting as administrative agent. Banco BBVA ArgentinaDealroom has a profile for this one. Try Dealroom →, Banco de Galicia y Buenos AiresDealroom has a profile for this one. Try Dealroom →, and Banco de ValoresDealroom has a profile for this one. Try Dealroom → joined as lenders, while TMF Trust Company (Argentina)Dealroom has a profile for this one. Try Dealroom → serves as trustee.
What's the money for? Edesur will use the proceeds for investments in physical assets and capital goods and working capital. The loan is secured by a fiduciary assignment over 30% of the utility's present and future revenues from electricity distribution.
Who advised? Bomchil advised Edesur, with a team led by partner María Victoria Tuculet. Martínez de Hoz & Rueda advised the banks and trustee, led by partner José Martínez de Hoz.
The signal: The deal ranks among the largest debt raises tracked in Argentina, sitting in roughly the 90th percentile of 204 comparable rounds. That scale of local-bank syndication points to renewed appetite for financing infrastructure upgrades in the country's power sector.
Read more: latincounsel.com
Image credit: Oran Viriyincy
