Electroingeniería S.A.’s AR$ 314,509,800 Class II Notes
Counsel in Electroingeniería S.A.’s issuance of Class II Notes for AR$ 314,509,800 under the global Program of Notes for an amount up to U$S 350,000,000. AdCap Securities Argentina S.A. acted as placement agent of the Class II Notes.
Integración Eléctrica Sur Argentina S.A.’s AR $123,535,244 Class Vi Bonds Issuance
Deal counsel in Integración Eléctrica Sur Argentina S.A.’s issuance of Class VI Bonds for AR$ 123,535,244 under the global Program of Short Term Notes for an amount up to U$S 50,000,000. AdCap Securities Argentina S.A. acted as organizer and placement agent of the Company’s Class VI Short Term Notes.
Crédito Directo S.A.´s AR$ 300,000,000 Class III & IV Notes Issuance
Deal counsel in the issuance of Crédito Directo S.A.´s AR$ 300,000,000 Class III & IV Notes under its $ 800,000,000 Global Notes Programme.
Banco de Servicios y Transacciones S.A. acted as arranger and placement agent. Industrial Valores S.A., Puente Hnos S.A. and Balanz Capital Valores S.A.U. acted as placement agents.
Cooperativa de Crédito, Consumo y Servicios Sociales La Plata Ltda.’s AR$ 75,000,000 Class I SME notes
Deal counsel in the issuance of Cooperativa de Crédito, Consumo y Servicios Sociales La Plata Ltda.´s AR$ 75,000,000 Class I SME Notes under its $ 100,000,000 Notes Programme.
Banco de Servicios y Transacciones S.A. acted as arranger and placement agent.
Cartasur Cards issued Class II Notes for AR$ 100,000,000
Deal Counsel in Cartasur Cards S.A.’s issuance of Class II Notes for AR$ 100,000,000, in which Banco de Servicios y Transacciones S.A. acted as arranger and placement agent, and Balanz Capital Valores S.A. Puente Hnos S.A. and AD Cap Securities Argentina S.A. acted as placement agents.
Cartasur Cards S.A. entered the Public Offering Regime for Notes Issuance and issued Class I Notes for AR$ 75,000,000
Deal Counsel in the issuance of Class I Notes for AR$ 75,000,000, in which Banco de Servicios y Transacciones S.A. acted as arranger and placement agent, and Balanz Capital Valores S.A. and Puente Hnos S.A. acted as placement agents.
Issuance of notes worth AR$ 3.6 billion in the aggregate by HSBC Bank Argentina S.A.
Acted as legal advisor to HSBC Bank Argentina S.A. (“HSBC”) in the issuance of: (i) Additional Class 5 Notes (re-opening of Class 5 Notes issued August 4, 2017 at 101% issue price) worth AR$ 1,167,500,000 (US$ 65.94 million) at the Tasa de Política Monetaria (Monetary Policy Interest Rate) as determined by the Argentine Central Bank, at 104.5% issue price, due on August 4, 2020; (ii) Class 6 Notes worth AR$ 433,333,000 (US$ 24.44 million) at a 25% fixed annual interest rate, due on June 7, 2019; and (iii) Class 7 Notes worth AR$ 2,064,500,000 (US$ 111.92 million) at the TM20 interest rate as reported by the Argentine Central Bank plus a 3.5% margin, due on December 7, 2020.
Additional Class 5 Notes, Class 6 Notes and Class 7 Notes were issued under HSBC’s notes program for the issuance of non-convertible negotiable obligations for up to V/N US$ 500,000,000 (or its equivalent in other currencies).
HSBC and Banco de Galicia and Buenos Aires S.A. acted as placement agents of Additional Class 5 Notes and Class 7 Notes, while HSBC was the exclusive placement agent of Class 6 Notes.
Banco de la Provincia de Córdoba made its first issuance of notes
Counsel to Banco de la Provincia de Córdoba S.A. in the issuance of Series I and II of the Notes for an aggregate amount of U$S 50,000,000.
Banco de la Provincia de Córdoba S.A. and Banco de Galicia y Buenos Aires S.A. acted as lead arrangers and placement agents, and Industrial Valores S.A. and TPCG Valores S.A. acted as placement agents, in the issuance of the Notes.
Integración Eléctrica Sur Argentina S.A.’s AR$ 220,577,227 Class V Bonds issuance
Deal counsel in Integración Eléctrica Sur Argentina S.A.’s issuance of Class V Bonds for AR $220,577,227 under the global Program of Short Term Notes for an amount up to U$S 50,000,000. AdCap Securities Argentina S.A. acted as organizer and placement agent of the Company’s Class V Short Term Notes.
Crédito Directo S.A.´s AR$ 250,000,000 Class I & II Notes Issuance
Deal counsel in the issuance of Crédito Directo S.A.´s AR$ 250,000,000 Class I & II Notes under its $ 800,000,000 Global Notes Programme.
Banco de Servicios y Transacciones S.A. acted as arranger and placement agent. Banco Hipotecario S.A., Banco de Crédito y Securitización S.A., Puente Hnos. S.A. and Industrial Valores S.A. acted as placement agents.