Tanoira Cassagne Abogados has assisted Latin América Postal, together with the arrangers and underwriters, in the second issuance of Series II Guaranteed SME CNV Negotiable Obligations for a nominal value of $200,000,000.
The SME Notes were issued on 4 August, denominated, integrated and payable in pesos, maturing on 4 August 2025 and bearing an annual floating nominal interest rate equivalent to the Badlar Rate plus a margin of 0.99%.
Banco Mariva, Banco Supervielle, Banco de la Provincia de Buenos Aires and Banco BBVA Argentina acted as arrangers and underwriters, as well as guarantors.
Latin América Postal is a provider of qualified postal and logistics services with nationwide coverage and a marked growth, based on the development of innovative services and value added through the use of technology applied to its services.
Maria Eugenia Ataefe and Pablo Antao acted as in-house counsels for Banco Mariva; while Gabriela Mancuso, María Dolores Distefano and Santiago Zárate acted as in-house counsels for Banco BBVA Argentina.
TCA’s team consisted of partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right), and associates Ignacio Criado Díaz, Teófilo Trusso, Juan Manuel Simó and Alejo Medici Raymundi.