Alexia Rosenthal and Jaime Uranga

TCA advises in new issue of Grúas San Blas Notes

Tanoira Cassagne Abogados has advised Grúas San Blas as issuer and Banco Supervielle as arranger and underwriter in the issuance of the Series II Class I Secured SME CNV Negotiable Obligations for a par value of $3,000,000,000.

The Notes, denominated, integrated and payable in pesos, were issued on April 22nd, maturing on April 22nd, 2026 and bearing an annual floating nominal interest rate equivalent to the Badlar Rate plus a margin of 0.99%.

The Notes are guaranteed by Banco Supervielle in its capacity as a guarantee entity authorised by the National Securities Commission (CNV).

Grúas San Blas is an Argentinean company dedicated to the import and distribution of machinery for industry, construction, oil & gas, mining and agriculture, under the modalities of sale and rental.

TCA’s team was led by partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right), assisted by associates Lucía Viboud Aramendi, Carolina Mercero and Stefania Lo Valvo.

L Giselle Estrada