DLA Piper, Bruchou, and Clifford Chance advise Edenor on notes issuance

DLA Piper | Empresa Distribuidora y Comercializadora Norte S.A. (Edenor S.A.), Argentina’s largest electricity distributor, issued on February 9, 2026, new Additional Class 7 Notes denominated and payable in dollars, at a nominal annual rate of 9.75% and maturing on October 24, 2030 (the "Additional Notes"), under its global issuance program for up to US$750 million (or its equivalent in other currencies) approved by the National Securities Commission.  
The issuance of the Additional Notes was conducted in accordance with Rule 144A and Regulation S of the U.S. Securities Act and was structured under a third amendment to the indenture dated October 24, 2024, as amended and supplemented, as part of an extension of the Initial Class 7 Notes, originally issued on October 24 and 25, 2024, and November 19, 2025.  
The Additional Notes were issued in the amount of V/N US$ 90,000,000, thereby increasing the total nominal value of the outstanding Class 7 Notes to US$ 475,000,000. 
The Additional Notes are listed on the Official List of the Luxembourg Stock Exchange, Bolsas y Mercados Argentinos S.A. and A3 Mercados S.A.  
BofA Securities, Inc.; Banco BTG Pactual S.A. – Cayman Branch, and UBS Securities LLC. acted as Global Coordinators and Joint International Underwriters, and Latin Securities S.A. acted as Joint International Underwriter, in connection with the issuance of the Additional Notes (collectively, the "International Underwriters"). Global Valores S.A., Balanz Capital Valores S.A.U., Banco Mariva S.A. and Latin Securities S.A. acted as local underwriters (collectively, the "Local Underwriters"). The Bank of New York Mellon acted as Trustee, Co-Registrar, Principal Paying Agent, and Transfer Agent under the indenture (as supplemented from time to time) entered into with Edenor and Banco de Valores S.A., the latter in its capacity as Trustee Representative in Argentina, Registrar, Transfer Agent, and Paying Agent in Argentina. 
 
Legal advisors to Edenor under US and Argentine law  
DLA Piper acted as legal counsel to Edenor under New York and Argentine law. The team consisted of partners Joshua Kaufman and Marcelo Etchebarne, of counsel Nicolás Teijeiro, and associate Daiana Suk (New York law); and partner Alejandro Noblía and associate Federico Vieyra (Argentine law). 
Edenor’s internal legal counsel 
Director of Legal and Regulatory Affairs María José Pérez Van Morlegan, Legal Counsel Manager Federico Ponelli, Senior Attorney Sabrina Belén Hernández, and Attorney Marcos Mogni provided internal legal counsel to Edenor in its capacity as issuer. 
Legal advisors to the International Underwriters and Local Underwriters under US law  
Clifford Chance US LLP acted as legal advisor to the International Underwriters and Local Underwriters under US law, with a team led by partner Hugo F. Triaca and comprising associates David Rondon, Cristian Ragucci, and Juan Andrés Bosch.  
Legal advisors to the International Underwriters and Local Underwriters under Argentine law  
Bruchou & Funes de Rioja acted as legal advisor to the International Underwriters and Local Underwriters under Argentine law, with a team led by partner Alejandro Perelsztein and associates Juan María Rosatto and Manuel Vergez Dinatale.  
Legal Advisors to the Trustee, Co-Registrar, Principal Paying Agent, and Transfer Agent  
Reed Smith LLP acted as legal advisor to the Trustee, Co-Registrar, Principal Paying Agent, and Transfer Agent, with the team led by partner Adam Solowsky

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