Sale of ODS Group
The firm advised in the sale of 100% of the capital stock of ODS Group. The transaction involved the indirect transfer of 25 companies in 7 jurisdictions including Argentina, Brazil, Chile, Colombia, Spain, Dominican Republic, Paraguay and Uruguay. ODS Group stood out as one of the strongest conglomerates in the construction and real estate industry in Argentina, with projects throughout Brazil, Dominican Republic, Paraguay and Uruguay. The main activity of ODS Group is the development of construction projects throughout its different business units: civil, electromechanical, architectural and real estate.
“Consumo Vida Serie VII” Financial Trust for AR$ 78,000,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR $ 78,000,000 issued under the “Consumo Vida Serie VII” Financial Trust, in which Banco de Servicios y Transacciones S.A. acted as trustee, organizer and placement agent, Cooperativa de Crédito, Consumo y Servicios Sociales La Plata Ltda. as trustor and BACS Banco de Crédito y Securitización S.A. as placement agent.
Banco Interfinanzas S.A.'s acquisition
Legal counsel to Angelo and Fabio Calcaterra and partners in the purchase of 100% of Banco Interfinanzas S.A., a local financial entity subject to surveillance by the Argentine Central Bank.
Province of Córdoba’s Notes Issuance for U$S 510,000,000
Legal counsel to Province of Córdoba, as the Issuer, and Banco de la Provincia de Córdoba S.A., as arranger, placement agent and financial agent, in the issuance of the Province of Córdoba’s U$S 510,000,000 Notes under Rule 144A (according the US Securities Act), under the U$S 550,000,000 Notes Program. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as Joint Book-Running Managers. Under the Indenture, Deutsche Bank Trust Company Americas acted as Trustee, Registrar, Principal Paying Agent and Transfer Agent, Deutsche Bank Luxembourg S.A., as the Luxembourg paying agent, transfer agent and listing agent.The new money acquired from the sale of the notes was used to the financing of infrastructure projects, other than those related to the trunk pipelines system that have their own independent financing and are under construction.
Consultatio´s Real Estate Closed-End Fund and Consultatio´s “liquidez” Law 27,260 Open-End Fund
Deal counsel in the approval of Consultatio´s Real Estate Closed-End Fund (the “Closed-End Fund”) and Consultatio´s “liquidez” Law 27,260 Open-End Fund, both created in the framework of law 27,260 that structures the Tax Amnesty Regime. In both funds, Consultatio Asset Management Gerente de Fondos Comunes de Inversión S.A acts as fund manager and Banco de Valores S.A. as custodian, which in the Closed-End Fund also acts as placement agent along with Consultatio Investments S.A. and Consultatio S.A. as real estate advisor.
Santiago Saenz’s renewal and increase of the maximum outstanding amount of its Global Notes Programme and AR$ 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)
“Credimas Serie 29” Financial Trust for AR$ 130 million
Deal counsel in the issuance and placement in Argentina of trust securities for AR$130,000,000 issued under the “Credimas Serie 29” Financial Trust, in which Banco Supervielle S.A. acted as arranger and lead placement agent, Macro Securities S.A.as joint placement agent, TMF Trust Company (Argentina) S.A. acted as financial trustee and Credimas S.A. acted as trustor and servicing and custody agent. (2017)
US$ 175 million loan granted to Albanesi Energía S.A.
Legal counsel to UBS Investment Bank as arranger in a US$ 175,000,000 loan granted to Albanesi Energía S.A. for the structuring of the project financing of a co-generation plant (2017).
“BeST Consumer Finance Serie XLI” Financial Trust for AR$ 188,300,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 188,300,000 issued under the “BeST Consumer Finance Serie XLI” 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$ 60 million syndicated loan granted to Compañía de Saneamiento y Recuperación de Materiales S.A.
Legal counsel to Banco Supervielle S.A. and Banco Provincia del Neuquén S.A.as lenders and arrangers in a AR$ 60,000,000 syndicated loan granted to Compañía de Saneamiento y Recuperación de Materiales S.A. (2016).