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A&O Shearman represents initial purchasers on PCR’s USD400 million inaugural bond offering

A&O Shearman represents initial purchasers on PCR’s USD400 million inaugural bond offering
Published Date
Jul 28 2026
Related people
Image of Alejandro Gordano
Alejandro GordanoPartner, New York
Image of Lorenz Haselberger
Lorenz HaselbergerPartner, New York
Image of Daniel Kachmar
Daniel KachmarAssociate, Washington DC

A&O Shearman represented the initial purchasers in connection with the offering of USD400m 8.500% Notes due 2034 by Petroquímica Comodoro Rivadavia S.A. (PCR) and its subsidiary Luz de Tres Picos S.A., as co-issuers – PCR’s debut international bond offering. 

PCR is an Argentine independent energy company with more than 100 years of experience in the exploration and production of oil and gas and one of the largest independent renewable energy platforms in Argentina. PCR is the largest cement producer in Argentina's Patagonia region. The company also explores for and produces oil and gas in Argentina, Ecuador and the U.S., develops and operates wind and solar energy projects, and supplies cement to customers across Patagonia and southern Chile.

“We are pleased to have advised the banks on PCR’s successful inaugural bond offering. This bond offering further consolidates A&O Shearman as a top law firm for international capital markets transactions out of Argentina.”

The A&O Shearman team was led by partner Alejandro A. Gordano alongside visiting attorneys Mariana Lobato and Teresa Zuniga, as well as partner Lorenz Haselberger and associates Daniel Kachmar and Edgardo Martinez Gastelum.

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