PAGBAM acts in placement of Comafi Leasing PYMES XVI
Pérez Alati Grondona Benites & Arntsen acted as legal advisor of the transaction in the issuance and placement of the Financial Trust ‘Comafi Leasing Pymes XVI’, composed by Trust Debt Securities Class A for an amount of $ 19.000.000.000. 000, Class B Trust Debt Securities for an amount of $ 1,900,000,000 and Participation Certificates for an amount of $ 3,522,000,000, under the Global Trust Securities Programme ‘COMAFI MULTIACTIVOS’, for a total outstanding amount of up to V/N US$ 300,000,000,000.
Banco Comafi acted as Trustee, Administrator, Arranger, Co-placement, Custody Agent and Collection Agent; TMF Trust Company (Argentina) as Financial Trustee; and Comafi Bursátil as Co-placement.
The trust assets consist of credits arising from leasing contracts, originated by the Trustee, in pesos, and deriving from financing transactions on movable assets.
The National Securities Commission authorised the public offering of the Trust Securities on 13 December 2024. Fix Risk Rating Agent granted a rating of ‘AAAsf(arg)’ for the Class A Trust Debt Securities, ‘A-sf(arg)’ for the Class B Trust Debt Securities, and ‘B-sf(arg)’ for the placed Certificates of Participation.
Tomás Bruno, Rosario Tapia and Leonardo Pirolo acted as in-house counsel to TMF Trust Company (Argentina); while Carmen Marcela Nosetti and Mariano Martin Maddalena provided in-house counsel to Banco Comafi.
PAGBAM’s team consisted of partner Diego Serrano Redonnet (pictured), counsel Alejo Muñoz de Toro, and associates Nahuel Perez de Villarreal, Marcos Vieito, Joaquín López Matheu and María Sol Martínez.
