Bruchou assists MSU in issuance of negotiable bonds
Bruchou & Funes de Rioja has assisted MSU in its issuance of US$ 24,500,000 par value Series X notes, denominated in US dollars and payable in Argentinean pesos, at a fixed interest rate of 7.5% nominal per annum.
The issue was made on 12 September, maturing on the same date in 2024, under the framework of its global programme for the issuance of simple negotiable debentures (not convertible into shares) for a maximum outstanding amount of up to US$ 100,000,000 (or its equivalent in other currencies).
Allaria Ledesma & Cia, Balanz Capital Valores, Banco Galicia y Buenos Aires, Banco Supervielle, Banco Itaú Argentina, Industrial Valores, and Itaú Valores acted as arrangers and underwriters, and were advised by Tavarone Rovelli Salim & Miani (TRSYM).
Bruchou’s team was led by partner José Bazán (pictured right), with support from associates Leandro Exequiel Belusci, Ramón Augusto Poliche and Branko Serventich.
TRSYM’s team included partner Marcelo Tavarone (pictured left) and associates Ximena Sumaria, Eduardo Cano and Ramiro Catena.
