TCA Tanoira Cassagne guides Supervielle on issuance
TCA Tanoira Cassagne has advised Banco Supervielle and several placement agents on the successful issuance of US$50 million Class J Notes. The transaction, which closed on January 24, 2025, has Banco Supervielle, acting as issuer, arranger, and placement agent.
The notes, set to mature on July 14, 2025, carry a fixed annual nominal interest rate of 4.18%. Additional placement agents for the issuance included Invertironline, Invertir en Bolsa, Allaria, and Balanz Capital Valores. The Class J Notes denominated in U.S. dollars will be payable in cash in U.S. dollars in Argentina (Dólar MEP).
The TCA Tanoira Cassagne team advising on this transaction was led by partners Alexia Rosenthal, Jaime Uranga, and Ignacio Criado Díaz, with support from associates Carolina Mercero and Jimena Torres Marcelo. Banco Supervielle’s in-house legal team, comprising Celeste Ibañez, Ignacio Rutter, and Dana König.
