TCA advises on new issue of Liliana Notes
Tanoira Cassagne Abogados has advised Liliana, as issuer, and the underwriters, in the issuance of the Series II Secured SME CNV Negotiable Obligations for a par value of $2,500,000,000.
The Series II Notes, denominated, integrated and payable in pesos, were issued on March 27, maturing on March 27, 2026 and bearing an annual floating nominal interest rate equivalent to the Badlar Rate plus a margin of -1%.
The Notes are guaranteed by Banco Supervielle, Banco de la Provincia de Buenos Aires, Banco de Servicios y Transacciones, Banco Hipotecario and Banco Macro as Guarantee Entities authorised by the CNV.
Banco Supervielle, Banco de la Provincia de Buenos Aires, Banco de Servicios y Transacciones, Banco Hipotecario, Macro Securities and Veta Capital acted as underwriters.
Liliana is a family-owned company with more than 75 years of experience in the Argentinean market, dedicated to the manufacture and marketing of household goods.
TCA’s team consisted of partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right) and associates Juan Sanguinetti, Carolina Mercero and Federico Grieben.
