Bruchou and TRSYM counsel on new issue of MSU Notes
Bruchou & Funes de Rioja has counselled MSU, and Tavarone Rovelli Salim & Miani the underwriters, in the issuance of Series XIII simple negotiable obligations for a nominal value of USD $25,000,000.
The issue took place on 17 July, where the Series XIII Notes were denominated and payable in US dollars in the country, at a fixed interest rate of 6.50% nominal per annum, maturing on 17 July 2026, under the framework of its global programme for the issuance of simple negotiable obligations (not convertible into shares) for a maximum outstanding amount of up to US$ 150,000,000 (or its equivalent in other currencies).
Banco de Galicia y Buenos Aires acted as arranger and underwriter; and Balanz Capital Valores, Banco Supervielle, Banco de Servicios y Transacciones, Facimex Valores, Puente Hnos, Banco de la Ciudad de Buenos Aires, and Invertir en Bolsa acted as underwriters.
Bruchou’s team was led by partner José María Bazán (pictured right) and associates Leandro Exequiel Belusci, Ramón Augusto Poliche and Branko Serventich.
TRSYM’s team comprised partner Marcelo R. Tavarone (pictured left) and associates Ximena Sumaria, Eduardo N. Cano and Ramiro Catena.
