Counsel to Banco de Galicia y Buenos Aires S.A.U., as lender and security agent, in a $12,000,000,000 loan to SIDUS S.A., including a new money tranche and a refinancing tranche.
The loan is secured by a first-priority pledge over the shares of Sidus S.A. In addition, the new money tranche is secured by a mortgage on four real estate properties owned by Tresarg S.A. and the refinancing tranche is secured by two mortgages: a pre-existing mortgage on a real estate property owned by Sidus S.A. and a new mortgage on a real estate property owned by Tresarg S.A.