TCA advises Madero Harbour on first issue of Notes
Tanoira Cassagne Abogados has advised Madero Harbour, as issuer, and Banco de Galicia y Buenos Aires, as arranger, underwriter and guarantor, in the issuance of the Series I Notes.
The Series I Notes were denominated and payable in pesos, maturing on 5 December 2026, for a total amount of $4,000,000,000,000, issued at a floating rate determined by the Private BADLAR rate plus a cut-off margin of 8%.
GNV is a development group based in Buenos Aires, Argentina. Since the 1990s it has excelled in large-scale mixed-use projects. Initially it was linked to Real Estate through the commercialisation of properties for rent and sale. It became involved in the commercialisation of the main shopping malls in Buenos Aires and the country. Later, and for more than 20 years, he expanded his business to the area of project development.
Madero Harbour is the most important mixed-use urban project in the City of Buenos Aires, in Dock 1 of Puerto Madero, destined to be a ‘new urban centrality’ due to the variety of private and public uses it proposes, in addition to becoming a district in itself and a regional destination.
Currently, development activities are carried out under the name GNV Group and marketing through Ginevra International Realty. Its flagship development is located in Puerto Madero, within the Madero Harbour complex. Today, GNV Group arrived in Punta del Este, Uruguay, recently launching the SLS Hotel & Residences tower.
TCA’s team consisted of partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right), together with associates Teófilo Trusso, Arturo Amos and Juan Francisco Tineo.
