TCA helps in issuance of Agroempresa Colón Series I Class II Notes
Tanoira Cassagne Abogados has assisted Agroempresa Colón in increasing the amount, extending the term and updating the global programme for the issuance of simple negotiable obligations (not convertible into shares) for up to V/N US $19,000,000, whose authorisation was granted by the Comisión Nacional de Valores (CNV) on 17 April.
Under the Programme, TCA advised Agroempresa Colón as issuer as well as the underwriters in the issuance of the Series I Class II Notes.
The Series I Class II Notes were issued for a nominal value of US$ 4,000,000, at a cut-off price of 101.65% of the nominal value and a rate of 3.00%, denominated in US dollars, subscribed, integrated and payable in pesos, maturing on June 29, 2026.
Banco Supervielle, Banco de Galicia y Buenos Aires, Max Capital, Banco Mariva and Supervielle Agente de Negociación acted as underwriters.
Agroempresa Colón is an agricultural company dedicated to the sale of agricultural inputs of the most recognised brands in the market and of its own production, as well as to the commercialisation of grains.
TCA’s team was led by partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right), assisted by associates Ignacio Criado Díaz, Lucía Viboud Aramendi, Teófilo Trusso and Agustín Poppi.
