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Argentina’s leading capital markets event

Gold Sponsors

www.BondsLoansArgentina.com

Cocktail Sponsor

Silver Sponsors

Bronze Sponsors

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REASONS TO ATTEND

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Attended by high level decision makers: Argentina’s leading capital markets event, bringing together over 350 top level decision-makers with over 100% of the audience being Director level or above

Hear direct insights from influential and expert speakers including:

• Tomás Darmandrail, National Director of Public Private Partnership Projects, Ministry of the Treasury

• Ricardo Daud, Chief Executive Officer, Santander Río Asset Management

• Daniel Hanna, Corporate Finance Manager, Pampa Energia• Miguel Zielonka, Associate Director, EconViews• Juan Martin Vico, Finance Director, Telecom Argentina SA• Carlos Hourbeigt, Director, Comisión Nacional de Valores • Patricio Aguirre, Chief Financial Officer, San Miguel• Matías Salerno, Chief Financial Officer, Grupo CAPSA / CAPEX

Event content addressing the latest developments and opportunities across Argentina’s energy, infrastructure and debt capital markets. Topics include:• Piloting Argentina’s PPP programme: How are energy and infrastructure

projects going to be financed? • Argentina’s new trajectory: How are local and international stakeholders

responding to an environment of increased macroeconomic risks and IMF support?

• A roadmap for debut and mid-market issuers: What does the journey look like from ARS loans to the capital markets?

• Importing international project finance to Argentina: How to make projects bankable

More networking opportunities available: Connect with your clients and peers during the cocktail reception and networking breaks, and build long-term business relations with the 1-to-1 meeting service.

350+ Attendees

100% Director Level or

Above

40+ Pre-arranged 1-to-1

Meetings

40+ Key Industry

Speakers

Welcome to Argentina’s leading capitalmarkets event

Register your place online at www.BondsLoansArgentina.com

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Expert Speakers include:

Tomás Darmandrail, National Director of Public

Private Partnership Projects,Ministry of the Treasury

Pablo Miedziak, Chief Financial Officer,

San Antonio Internacional

Miguel Zielonka, Associate Director,

EconViews

Jorge Diehl,Corporate Treasurer,

Aluar

Daniel Hanna, Corporate Finance

Manager, Pampa Energia

Doris Capurro, President, CEO & Founder,

Luft Energía S.A.

Carlos Hourbeigt, Director,

Comisión Nacional de Valores

Matías Salerno, Chief Financial Officer,

Grupo CAPSA / CAPEX

Ricardo Daud,Chief Executive Officer, Santander Río Asset

Management

Ramiro Molina, Chief Financial Officer

Plaza Logistica

Juan Martin Vico,Finance Director,

Telecom Argentina SA

Federico Barroetaveña, Chief Financial Officer,

TECHINT

It was wonderful participating in the Bonds, Loans & Derivatives Argentina conference. It was very helpful to connect with other Argentine issuers and banks and hear about the perspectives of the Argentinean economy and markets. The upcoming views in terms of the debt markets from different perspectives was very enriching.

Adriana Baños, Camuzzi Gas Pampeana

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Conference Programme - Tuesday 2nd October 2018

08:00

Registration and networking 08:50

Chairman’s opening remarks 09:00

Bringing issuers and investors back to the market: What returning issuers need to be mindful of when approaching the markets• USD activity outlook: What will the significant Eurobond pipeline

mean for returning and debut issuers?• Sovereign influence: How are the government’s plans to finance

exclusively in the local market impacting conditions in the international and domestic credit space?

• How much funding are Argentina’s provinces looking to raise in 2019? What part of this will be sourced in the international capital markets? Who are the new provinces coming to market in 2019? How can they prepare for a successful debut?

• Local vs international, bonds vs loans: What factors determine which market issuers will access?

Juan Martin Vico, Finance Director, Telecom Argentina SAPablo Miedziak, Chief Financial Officer, San Antonio InternacionalMatías Salerno, Chief Financial Officer, Grupo CAPSA / CAPEXJuan Pazos, Head of Strategy, Puente 09:40

Argentina’s new trajectory: How are local and international stakeholders responding to an environment of increased macroeconomic risks and IMF support?• Inflation, FX, Central Bank reserves – assessing the immediate impact

of the macroeconomic volatility on conditions in the local markets• Market reaction: How are international creditors responding to current

market conditions and IMF involvement? What will the impact on foreign investment be in the short, medium and long-term?

• An in-depth look into the IMF agreement: What are the conditions of the arrangement? How will the deal impact activity and appetite in Argentina’s on- and off-shore capital markets?

• Effects on the real economy: Which sectors will be the biggest winners of the IMF agreement?

Miguel Zielonka, Associate Director, EconViews 10:20

Money on the table: Which banks are committed to underwriting and distributing loans in Argentina in the long-term?• How are macroeconomic volatilities impacting the criteria

Argentine borrowers need to meet for banks to underwrite loans?• Pricing, structure, covenants: How are foreign lenders adjusting

their requirements to factor in increasing macroeconomic and currency risks?

• How do loans bankers envisage their roles in Argentina? Where do they see the opportunities in Argentina’s loan markets? Is the relationship model changing?

• Local USD and ARS funds: How much capacity is left for dollar loans Jorge Diehl, Corporate Treasurer, Aluar

Jorge Diehl, Corporate Treasurer, AluarMonica Macia, Managing Director, Head of Loan Syndications, Americas, HSBC Helena Radzyminski, Managing Director, Head of Loan Syndications Latin America, NatixisFelix Frias, Investment Banking, Industrial and Commercial Bank of China (Argentina) S.A.

11:00

Coffee and networking break 11:30

Importing international project finance to Argentina: How to make projects bankable• How to structure project finance with an ESG profile to capture

ESG institutional allocations• Skin in the game: Who can provide first loss tranches to make

international funding feel comfortable: Government sponsored SPVs? Pension funds? Domestic closed end funds?

• Case studies of successful project finance deals: How deals were structured to meet the project financing needs of their sponsors:− Stoneway Project Bond− YPF/GE Project Loan− Pampa’s El Corti Windfarm

Daniel Hanna, Corporate Finance Manager, Pampa EnergiaDoris Capurro, President, CEO & Founder, Luft Energía S.A.Bruno Pahl, Director, Global Infrastructure Group Latam, Fitch Ratings 12:10

Supporting Argentina’s growth and infrastructure: Strategies for funding at the sovereign and sub-sovereign level• Economic growth and infrastructure development: How much capital

is required and how does the government plan to raise capital? • USD vs. local capital markets: Will there be a shift towards greater

ARS funding? How much offshore USD funding is still required to meet infrastructure development plans?

• PPP pipeline and project funding: What are the government’s visions for the PPP programme?

• The Capital Markets Law and ARS funding: Implementation to turn the vision into a deeper and more robust local market

12:50

Using derivatives as a tool to unlock additional liquidity and successfully manage risks – market developments in Argentina and the region• The new regulatory and fiscal framework: What is the impact on

the development of the derivatives market and the use of hedging strategies in Argentina?

• Futures and options as a key asset in mutual funds’ portfolios – deepening the local investor base and unlocking new liquidity

• Derivatives markets in Argentina and the region: Is an integration possible?

• Equities and equity futures - new strategies for institutional investors to expand their portfolios

Diego Fernandez, Chief Executive Officer, ROFEXCarlos Hourbeigt, Director, Comisión Nacional de Valores

13:30

Networking lunch

I want to highlight the relevance of the content and the quality of the speakers. In addition, professional planning and organization of Bonds, Loans & Derivatives Argentina resulted in the delivery of a world-class conference. Last but not least, the balance between networking and lecturing times was just perfect.

Miguel Zielonka, Econ Views

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14:30

Piloting Argentina’s PPP programme: How are energy and infrastructure projects going to be financed? • Gauging appetite for Argentina’s projects: How do foreign lenders

and investors assess the risk-return profile of the PPP schemes? • Reaching financial close – how are local and international

macroeconomic developments impacting critical success factors? • Attracting commercial banks to Argentina’s PPPs: What will enable

banks to lend directly to projects? Which banks are prepared to lend to classic project finance deals?

• How are international and local lenders working together to secure enough funding for the PPP programmes? What is the distribution of risk and capital allocation?

Tomás Darmandrail, National Director of Public Private Partnership Projects, Ministry of the TreasuryFederico Barroetaveña, Chief Financial Officer, TECHINT Daniela Cuan, VP-Senior Analyst, PPIF, Moody’s 15:10

Developing the local capital markets: How the new Capital Markets Law will deepen ARS funding• Recap of the objectives, and review of how the new regulations and

framework will be implemented• Boosting liquidity: What new players will the law change attract

to the market? How and why will new investors become active investors/traders?

• Expanding the product base: What new financing tools will be developed as part of the law implementation? Will their introduction facilitate access to capital?

• Promoting growth in capital markets activity: How is the change in the corporate governance structure going to impact conditions and volume in the local bond market?

Ricardo Daud, Chief Executive Officer, Santander Río Asset Management 15:50

Coffee and Networking

Conference Programme - Tuesday 2nd October 2018

Register your place online at www.BondsLoansArgentina.com

16:20

A roadmap for debut and mid-market issuers: What does the journey look like from ARS loans to the capital markets?• How and why a company would convert its bilateral facilities into

one syndication or a bond• Going from loan-dominated portfolio to incorporating capital

markets: What preparation and reorganisation of finance functions is required?

• Establishing a relationship banking group – what is their long-term purpose? What skill-sets and capabilities should companies be looking for in their relationship banks?

• Broadening the investor base vs. cost: What are the real costs of a bond issuance? How many banks is the ideal number of active joint lead managers, roles and titles?

Ramiro Molina, Chief Financial Officer, Plaza LogisticaJuan Francisco Mihanovich, Capital Markets and Finance Manager, Grupo NewsanFernando Canzani, Managing Director, BACS 17:00

Finding alternatives sources of financing in the IPO and Equity capital markets: Private vs. public, international vs. local • How to structure and package an Argentine IPO or follow-on offering• Cost/benefit analysis: What is the real cost of IPO/ECM deal

versus a debt capital markets deal? • Why were some recent follow-ons pulled? • Selecting a market: Local vs. international, public vs. private equity:

Where is the demand? How are local/regional deals different to international listings?

Patricio Aguirre, Chief Financial Officer, San Miguel 17:40

Chairman’s closing remarks followed by cocktail reception hosted by

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Connecting Argentina’s leading decision makers

Audience breakdown by seniority Audience breakdown by sector

43%

32%

25%

Managing Director/Partner

Director/VP

CEO, CFO, Heads of

48% Corporates, Borrowers &

Issuers

30% International & Regional Banks

8% Investors

6% Government

5% Law Firms

3% Rating

Agency

The event was a great opportunity for networking due to the qualified participants and institutions that took part. Besides, GFC assistance was vital for the enhancement of the networking process since participants had been introduced in advance. Consequently, the meetings that took place during the event were more efficient and productive, creating a positive second-loop of networking.

Roque Spidalieri, Gobierno De La Provincia De Cordoba

This is a key conference for all those wishing to participate in Argentina’s developing debt market and expanding investment scene. It provides a great opportunity to hear about progress with Argentina’s market reforms, as well as to meet key contacts in the debt and investment sector.

Tim Hanson, British Embassy Buenos Aires

Connecting Argentina’s leadingdecision makers

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Connecting Argentina’s leading decision makers

Take advantage of our personal 1-to-1meeting service

Connecting Argentina’s leadingdecision makers

The conference was a great opportunity to meet colleagues and Financial Institutions that had been off the grid during the last years. The 1-to-1meetings are an excellent way to make valuable business connections.

Samantha Olivieri, Grupo Clarín

With your sponsorship package you are able to utilise the highly successful personal 1-to-1 meeting service. This will allow you to book your meetings with your key clients prior to the event, saving you time and money.

The 1-to-1 meetings, which were scheduled in advance with the help of GFC, were an excellent alternative to discuss business opportunities with different participants in private manner. Many thanks for your invitation.

Fernando Canzani, BACS Banco de Crédito y Securitización

Bonds, Loans & Derivatives Argentina was an inaugural event for a new era in Argentina, bringing together top local & international corporates, financial institutions and investors to network and discuss the latest market trends. I am looking forward to next year’s conference.

José Bartolomeu, ROADIS

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BOOK YOUR SPONSORSHIP TODAY call Francisco today on: +44 777 284 7624 or email at: Francisco.Vasconcelos@GFCMediaGroup.com

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Payment Invoices are due for immediate payment. Registrations must be paid immediately by credit card or bank transfer. Delegates who have not paid their fees prior to the conference may be refused admission.Substitutions / CancellationsAny cancellations must be received in writing at least 90 days prior to the event. A cancellation fee of £200 will be payable on all cancellations received by this date. After this date, we regret that no cancellations can be accepted, and registering companies will be liable for 100% of the registration fee. A substitute delegate may be named at no extra charge.

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26th February 2019, The Four Seasons Hotel, Buenos Aires