Becker Glynn Represents International Finance Corporation in a $520 Million Financing of Oil and Gas Producer in Argentina

The Firm represented International Finance Corporation (IFC) in connection with a $520 million long-term financing of Pan American Energy LLC, Argentine Branch (PAE), the second largest oil and gas producer in Argentina. The financings are comprised of a $120 million loan provided by IFC and a $400 million loan raised by IFC from commercial lenders. The Firm's representation of IFC in this transaction included advice and assistance during the drafting and negotiation of the loan agreement and related documentation, the preparation of a legal opinion thereon and assistance in connection with the first disbursement of the loans.