Legal Counsel to Santista Têxtil Ltda. in the sale of a minority stake in Santista Argentina S.A.
We advised the Brazilian manufacturer Santista Têxtil Ltda. in the the sale of a minority stake in its local subsidiary, Santista Argentina S.A., to businessmen Carlos and José Muia. Transaction was closed on August 5, 2021.
Santista Têxtil Ltda. is a company that leads the Latin American market, owner of Santista Argentina S.A., with more than 95 years of presence in the country, developing two business units: Santista Jeanswear, leader in the production of differentiated denim and Kolor, and Santista Workwear, leader in the production and sale of fabrics for workwear with its OMBU/Grafa70 brands and its “Garantía Total” system.
Legal Advice in the Issuance of Notes of Molinos Agro S.A. for US$70,000,000
Counsel to Molinos Agro S.A. in the issuance of 1.00% Class III Notes for US$33,539,700 due September 3, 2023 and 2.49% Class IV Notes for US$36,460,300 due September 3, 2024, both classes were issued under the Global Notes Program for an amount of up to US$150,000,000.
Banco Santander Río S.A., Banco De Galicia y Buenos Aires S.A.U. and Industrial and Commercial Bank of China (Argentina) S.A.U. acted as arranger and placement agents of Class III and Class IV Notes.
Legal Advice in the Issuance of Series IX Notes of MSU S.A. for US$ 15,000,000
Counsel to Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco de la Provincia de Buenos Aires, and Puente Hnos. S.A. as arrangers and placement agents, in the issuance of MSU S.A.’s 4% Series IX Notes for US$ 15,000,000 issued on August 24, 2021 and due July 24, 2023 under its US$ 50,000,000 Global Notes Program.
Balanz Capital Valores S.A.U., Banco Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco de la Provincia de Buenos Aires, and Puente Hnos. S.A. acted as arrangers and placement agents. Banco Galicia y Buenos Aires S.A.U. also acted as Settlement Agent for the Series IX Notes.
Legal Advice in the Issuance of Additional Notes of CT Barragán S.A. for US$15,618,641 Additional Series 1 and 27,909,579 UVAs in Additional Series 2
Counsel to Banco de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Industrial and Commercial Bank of China (Argentina) S.A.U. and HSBC Bank Argentina S.A. as arrangers and placement agents, and also to Invertir en Bolsa S.A., SBS Trading S.A., Balanz Capital Valores S.A.U., Banco de la Provincia de Buenos Aires, BACS Banco de Crédito y Securitización S.A., Banco de Servicios y Transacciones S.A., Banco Hipotecario S.A., Puente Hnos. S.A., Banco Mariva S.A., Industrial Valores S.A. and TPCG Valores S.A.U. as placement agents, in the issuance of CT Barragán S.A.’s 4% Additional Series 1 Notes for US$15,618,641 due June 4, 2023 and of 4% Additional Series 2 Notes for 27,909,579 UVAs (Unidades de Valor Adquisitivo) due June 4, 2024.
The Additional Notes are additional to the Series 1 Notes and Series 2 Notes issued on June 4, 2021, and all of them have a personal guarantee, subject to a precedent and resolutory condition granted by YPF S.A. and Pampa Energía S.A.
Banco de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Industrial and Commercial Bank of China (Argentina) S.A.U. and HSBC Bank Argentina S.A. acted as arranger and placement agents, and Invertir en Bolsa S.A., SBS Trading S.A., Balanz Capital Valores S.A.U., Banco de la Provincia de Buenos Aires, BACS Banco de Crédito y Securitización S.A., Banco de Servicios y Transacciones S.A., Banco Hipotecario S.A., Puente Hnos. S.A., Banco Mariva S.A., Industrial Valores S.A. and TPCG Valores S.A.U. as placement agents of Additional Series 1 Notes and Additional Series 2 Notes. Banco Santander Río S.A. also acted as Settlement Agent for both classes of Additional Notes.
"Proyecto VIDA - Laboratorios Richmond" Financial Trust for U$S 85,000,000 for the Development of the SPUTNIK V Vaccine in Argentina
Legal advisors to Banco de Valores S.A., as trustee and placement agent, and Banco de la Provincia de Buenos Aires and Nación Bursátil S.A., as placement agents, in the issuance and placement in Argentina of debt securities in the form of certificates of participation for the amount of U$S 85,000,000, under the Financial Trusts "PROYECTO VIDA - LABORATORIOS RICHMOND", in which Laboratorios Richmond S.A.C.I.F. is trustor. The funds obtained from the trust will be used for the procurement and construction of vaccine and other biotechnological products plant in Argentina, in particular, for the development of the SPUTNIK V vaccine to fight the COVID-19.
Legal Advice in the Issuance of Class 16 Notes of Celulosa Argentina S.A. for US$ 6,000,000
Counsel to Celulosa Argentina S.A. in the issuance of 9.50% Class 16 Notes for US$ 6,000,000 due August 6, 2023 under its US$ 150,000,000 Global Notes Programme. Class 16 Notes are denominated in U.S. dollars and payable in Argentine pesos.
Banco de Servicios y Transacciones S.A. and Puente Hnos S.A. acted as arrangers and placement agents of Class 16 Notes.
MSU Energy S.A.´s Series I & II Notes Offering
Counsel to MSU Energy S.A. in the issuance of its US$ 12,631,473 Series I Notes and UVAs 20,901,579 Series II Notes, under its US$ 100,000,000 Global Notes Program.
“RG Albanesi Serie XII” Financial Trust for U$S 22,000,000
Legal Advisors of the trustor Rafael G. Albanesi S.A. in the issuance and placement in Argentina of debt securities in the form of Class 1 Trust Securities for 23,255,068 UVA (Unidades de Valor Adquisitivo) and Class 2 Trust Securities for U$S 2,000,000, under the Financial Trusts Global Program “RG ALBANESI II” for an amount of up to U$S 100,000,000. TMF Trust Company (Argentina) S.A. acted as trustee, Banco de Servicios y Transacciones S.A. acted as arrenger and placement agent; SBS Capital S.A. acted as arranger; and SBS Trading S.A., Allaria Ledesma & Cía. S.A., BACS Banco de Crédito y Securitización S.A., Banco de la Provincia de Buenos Aires, Facimex Valores S.A., Macro Securities S.A., Liebre Capital S.A.U., Banco Supervielle S.A., Balanz Capital Valores S.A.U. and Banco Hipotecario S.A. acted as placement agents.
Legal Advice in the Issuance of PyME CNV Guaranteed Series I Notes of Héctor A. Bertone S.A. for AR$200,000,000
Counsel to Héctor A. Bertone S.A. in the issuance of PyME CNV Guaranteed Series I Notes for AR$200,000,000 with an interest rate of BADLAR plus a margin of 4% due July 28, 2023.
Banco Supervielle S.A., Banco de Servicios y Transacciones S.A., and Banco CMF S.A. acted as arranger, placement and security agents of Series I Notes.
Legal Advice in the Issuance of PyME CNV Guaranteed Class 1 Notes of Diransa S.R.L. for AR$100,000,000
Counsel to Banco Supervielle S.A. as arranger, placement and security agent in the issuance of Diransa S.R.L.’s PyME CNV Guaranteed Class I Notes for AR$100,000,000, due in June 29, 2023, and with a variable annual nominal interest rate equivalent to the BADLAR rate (payable on a quarterly basis).