U$S 17,911,496 facility agreement granted by HSBC Bank plc. to Papelera San Andrés de Giles S.A.
Legal counsel to HSBC Bank plc., as coordinating arranger, mandated lead arranger and lender, and HSBC Securities USA Inc., as mandated lead arranger, in a loan granted to Papelera San Andrés de Giles S.A. for an aggregate amount of U$S 17,911,496 guaranteed by EKN (Exportkreditnämnden), the export credit agency of Sweden, for the acquisition of a paper machine made in Sweden.
Julián Martin joins Tavarone, Rovelli, Salim & Miani
Julián Martin & Asoc. and Tavarone, Rovelli, Salim & Miani (TRS&M) are pleased to announce that, as of this month of June 2018, the Tax Advisory departments of both firms join their efforts and their capacities to add synergies and enhance their growth.
Julián Martin is a Chartered Public Accountant (UBA), was a Tax Partner of KPMG in charge of the Financial Services and Tax Planning Area, and previously was Manager of the Tax & Legal department of Price Waterhouse. He was also a member of the Federal Tax Administration working in the Internal Control Area.
His practice is recognized in the market due to his solid knowledge and experience in tax advisory matters with greater specialization in financial, banking, and capital market issues, which is why he was nominated by the International Tax Review among Argentina’s leading tax advisors in the Banking and Capital Markets Area.
The Tax Department of TRS&M, in charge of Gastón Miani, has established itself as a benchmark in the tax and customs dispute area, having obtained important rulings from the Federal Supreme Court of Justice and from the lower courts in highly complex cases. On the other hand, the tax advice practice of TRS&M has grown exponentially since the foundation of the firm, giving special support to the Corporate, Banking, Financial, and Energy areas, which is why TRS&M has managed to form a team of professionals with proven experience in the subject.
We are convinced that the union of both tax practices will develop the numerous synergies that will contribute to maintaining the sustained growth of the two firms.
“Supervielle Créditos 97” Financial Trust for AR$ 750 million
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 750,000,000 issued under the “Supervielle Créditos 97” Financial Trust, in which Banco Supervielle S.A. acted as trustor, arranger and placement agent, TMF Trust Company (Argentina) S.A. acted as financial trustee, Macro Securities S.A. acted as Joint Placement agent and SBS Trading S.A. acted as sub-placement agent. (2018)
“Credimas Serie 32” Financial Trust for AR$ 178 million
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 178,000,000 issued under the “Credimas Serie 31” Financial Trust, in which Banco Supervielle S.A. acted as arranger and lead placement agent, Macro Securities S.A.as joint placement agent, TMF Trust Company (Argentina) S.A. acted as financial trustee and Credimas S.A. acted as trustor and servicing and custody agent. (2018)
Up to US$ 395 million loan granted to Albanesi Energía S.A. and Generación Centro S.A.
Legal counsel to Credit Suisse AG London Branch, as administrative agent, Credit Suisse AG Cayman Islands Branch, UBS AG Stamford Branch, BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A. and Banco de Inversión y Comercio Exterior S.A. as lenders in an up to US$ 395,000,000 loan granted to Albanesi Energía S.A. and Generación Centro S.A. (2018)
Banco de la Provincia de Buenos Aires’ Series VIII, Series IX y Series X Notes Issuance for AR$ 6,000,000,000
Legal counsel to Banco de la Provincia de Buenos Aires (the “Bank”) in the Bank’s Series VIII, Series IX y Series X Notes issuance for an approximate amount of AR$ 6,000,000,000. The Bank acted as issuer, arranger and lead placement agent of the transaction, while Banco de Galicia y Buenos Aires S.A., BBVA Banco Francés S.A., Banco Macro S.A., and Macro Securities S.A. acted as placement agents.
“BeST Consumer Finance Serie XLVII” Financial Trust for AR$ 350,000,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR $ 350,000,000 issued under the “BeST Consumer Finance Serie XLVII” Financial Trust, in which Banco de Servicios y Transacciones S.A acted as arranger, trustor, servicer and custodian, and TMF Trust Company (Argentina) S.A acted as trustee.
AR$ 370 million syndicated loan granted to Energía San Juan S.A.
Legal counsel to Banco de Servicios y Transacciones S.A., Banco de San Juan S.A., Banco Itaú Argentina S.A., BBVA Banco Frances S.A. Banco de la Ciudad de Buenos Aires S.A. and Banco Comafi S.A., as lenders, and Banco de Serivicios y Transacciones S.A. as administrative agent and co-arranger and BBVA Banco Francés S.A. as co-arranger, in a syndicated loan granted to Energía San Juan S.A. for an aggregate of AR$ 370,000,000. (2018)
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.
“BeST Consumer Finance Serie XLVI” Financial Trust for AR$ 380,000,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR $ 380,000,000 issued under the “BeST Consumer Finance Serie XLVI” Financial Trust, in which Banco de Servicios y Transacciones S.A acted as arranger, trustor, servicer and custodian, and TMF Trust Company (Argentina) S.A acted as trustee.