TCA represents Galerent in first Notes issue
Tanoira Cassagne Abogados has represented Galerent, as issuer, Cono Sur Inversiones, as arranger and underwriter, and Banco de Servicios y Transacciones, as underwriter, in the issuance of the Series I Notes.
The Series I Notes were denominated and payable in pesos, maturing on 23 June 2026, for a total amount of $960,000,000, issued at a variable interest rate determined by the Private BADLAR rate plus a cut-off margin of 8%.
The Notes are guaranteed by Banco de Servicios y Transacciones, Fid Aval, Mills, Promover, Aval Rural and Aval AR as Guarantee Entities authorized by the National Securities Commission (CNV).
Galerent is a technology company founded in 2015 that is dedicated to connecting people who are looking for a financial solution with companies that are willing to offer these services. Its digital platform uses advanced algorithms and APIs to optimise processes.
TCA’s team consisted of partners Alexia Rosenthal (pictured left) and Jaime Uranga (pictured right), and associates Carolina Mercero and Florencia Ramos Frean.
