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.
Fiplasto S.A.’s AR$ 50,000,000 Class I Debt Securities
Legal advisor of the arranger and placement agents in the issuance of Fiplasto S.A.’s AR$ 50,000,000 Class I Notes under its U$S 20,000,000 Global Notes Programme. AdCap Securities Argentina S.A. acted as arranger and placement agent, and Banco de Servicios y Transacciones S.A. and Cohen S.A. acted as co-placement agents.
Santiago Saenz’s renewal and increase of the maximum outstanding amount of its Global Notes Programme and AR$ 130,000,000 Series VIII Short Term Notes Issuance
Deal counsel in a transaction that consisted in renewing the validity of the Global Notes Program and increasing its maximum outstanding amount to $ 350,000,000 (the “Programme”) and the issuance of AR$ 130,000,000 Series VIII Short Term Notes under the Programme. Balanz Capital Valores S.A., Banco de Servicios y Transacciones S.A., and INTL CIBSA S.A., acted as arrangers and placement agents. (2017)