PAGBAM and Bruchou advise on a new bond issuance by Mirgor
Pérez Alati, Grondona, Benites & Arntsen (PAGBAM) advised on the issuance of Mirgor’s Class III simple corporate bonds, completed on November 11, 2025. The notes were issued under the company’s global note program, which allows for a maximum outstanding amount of up to US$300 million (the “Program” and the “Notes,” respectively).
Mirgor is a company with more than 40 years in the Argentine market, operating across multiple industries, including automotive, consumer electronics and mobile devices, retail, services, agriculture, and steel commercialization. The company is known for manufacturing automotive climate-control systems, producing and marketing mobile phones and televisions, and providing logistics and technical services, as well as export operations related to the agricultural sector.
The Notes were issued for a total nominal value of US$20 million, denominated and payable in U.S. dollars, bearing a fixed annual interest rate of 8.5%, and maturing on November 11, 2026.
Mirgor was advised by PAGBAM on legal matters and by First Corporate Finance Advisors on financial aspects.
Bruchou & Funes de Rioja advised Banco Santander Argentina, Banco de Galicia y Buenos Aires, and First Corporate Finance Advisors as organizers, and Banco Santander Argentina, Banco de Galicia y Buenos Aires, First Capital Markets, Adcap Securities Argentina, Balanz Capital Valores, Neix, Banco BBVA Argentina, Cocos Capital, and Banco Patagonia as placement agents.
Pérez Alati, Grondona, Benites & Arntsen was led by partner Diego Serrano Redonnet (pictured), along with counsel Nicolás Aberastury; associates Juan Ignacio Rodríguez Goñi, Tamara Friedenberger, Catalina Hermida Pini, and Juan Hernán Bertoni.
Bruchou & Funes de Rioja was led by partner Alejandro Perelsztein; associates Ramón Augusto Poliche, Francisco Mendioroz, and Victoria Llana.
