We advised the representatives of the underwriters on the offering

Davis Polk advised the representatives of the several underwriters in connection with an offering by Pampa Energía S.A. of $450 million aggregate principal amount of its 7.750% notes due 2037.

Pampa Energía S.A. is the largest independent integrated energy company in Argentina and, together with its subsidiaries, joint ventures and affiliates, is engaged in the generation and transmission of electricity, exploration, production, commercialization and transportation of oil and gas, and production of petrochemical products.

The Davis Polk corporate team included partner Maurice Blanco and counsel Drew Glover. The tax team included counsel Yixuan Long and associate Alex (Ang) Gao. Members of the Davis Polk team are based in the New York and Northern California offices.