Bruchou represents Crédito Directo in issuance of Class XVIII Notes
Bruchou & Funes de Rioja has represented Crédito Directo in its issuance of its Class XVIII Notes for a nominal amount of $605,680,302 Argentine pesos.
The issuance was made under the Global Debentures Programme for up to US$24,000,000 (or its equivalent in other currencies).
The Class XVIII Notes were admitted for listing in Bolsas y Mercados Argentinos (BYMA) and for trading in the Mercado Abierto Electrónico (MAE). Furthermore, Fix Argentina has rated the Notes as “A3(arg)”.
Banco de Servicios y Transacciones acted as arranger and co-placement agent; while Adcap Securities Argentina, Portfolio Investment, Banco Mariva, SBS Trading and Banco de la Provincia de Córdoba acted as co-placement agents.
Crédito Directo provides financial assistance to individuals through personal loans.
Bruchou’s team was led by partner José María Bazán (pictured left) and associates Leandro Exequiel Belusci (pictured centre) and Manuel Rodríguez Costi (pictured right).
