Roberto Lizondo

Salaverri represents Grupo ST in modification of Notes Issuance Programme

Salaverri Burgio & Wetzler Malbrán Abogados has represented Grupo ST in the update of the commercial, accounting and financial information of its Global Programme for the issuance of Simple Negotiable Obligations (not convertible into shares) for up to US $75,000,000 (or its equivalent in other currencies or units of value).

In addition, the advisory included the consequent issuance of its Class 7 Floating Rate Peso denominated Notes due 19 August 2023, issued for a par value of $1,200,000,000,000 Argentine pesos.

The Class 7 Notes were subscribed in cash and in kind through the delivery of Class 5 Notes.

Banco de Servicios y Transacciones acted as arranger and placement agent.

Salaverri’s team consisted of partner Roberto Lizondo (pictured) and associates Lucía de Miceu, Camila Mindlin and Sofía Seoane.

L Giselle Estrada