Marval assists in issuance of Voii 3 Trust Securities
Marval O’Farrell Mairal has assisted in a new issuance of trust securities corresponding to the Voii financial trust, for a total amount of V/N ARS 1,890,500,000.
The issuance took place on 21 October and included senior trust debt securities for V/N ARS 1,393,000,000 (VDFS) and Class B trust debt securities for V/N ARS 497,500,000 (VDFB).
Banco Voii acted as trustee, collection agent, arranger and underwriter; Asociación Mutual Solidaria acted as trustee, administrator and collection agent; TMF Trust Company (Argentina) as trustee; BACS Banco de Crédito y Securitización, Banco de Servicios y Transacciones, Banco Mariva as underwriters; and Banco CMF as co-underwriter.
The Comisión Nacional de Valores authorised the public offering of these trust securities, which are traded on the Mercado Abierto Electrónico and listed on Bolsas y Mercados Argentinos.
The VDFS and VDFB have been rated ‘raAAA(sf)’ and ‘raAA(sf)’, respectively, by FIX SCR, the rating agency.
Marval’s team was composed of partner Sergio Tálamo (pictured) and associates Lucia Capdepont and Lautaro Penza.