TCA advises Prodeman in new issue of Notes
Tanoira Cassagne Abogados has advised Prodeman as issuer and Banco Supervielle and Becerra Bursátil as underwriters in the issuance of: (i) Series III Class 1 and 2 Notes.
The Series III Class 1 Notes had a par value of $3,256,000,000, denominated and payable in pesos, bearing interest at an annual floating nominal interest rate equivalent to the BADLAR Rate plus a margin of 5.00%, maturing on September 6, 2026; while the Series III Class 2 Notes had a par value of US$1,569,000, denominated in US dollars and payable in pesos, bearing interest at a fixed annual nominal rate of 4.89%, maturing on March 6, 2026.
The Notes, issued on 6 September, are guaranteed by Banco Supervielle as a Guarantee Entity authorised by the National Securities Commission.
Prodeman is a family company that produces, selects, collects, processes and sells to more than 40 countries, safe and excellent quality food, complying with the standards and specifications that meet the needs and expectations of the most demanding markets in the world.
TCA’s team was integrated by partners Alexia Rosenthal (pictured left), Jaime Uranga (pictured centre) and Ignacio Criado Díaz (pictured right), and associates Juan Manuel Simó and Mateo Fiorito.
