01 Ago 23 Cerolini & Ferrari advised in the initial issuance of Remonda Castro
Agustín L. Cerolini, Martín Chindamo, Juan Bautista Marquez and Ornella Gagliolo
Cerolini & Ferrari Abogados advised Remonda Castro y Cía. S.A.C. and Banco Supervielle S.A. y Banco Comafi S.A. in the first issuance of notes of Remonda Castro under the Régimen PyME CNV Garantizada for a value of US$ 1,000,000 (the «Notes«).
Remonda Castro is an official John Deere and PLA dealer with more than 62 years of experience in the field, whose mission is to provide the most appropriate technology to the agricultural sector for the sustainable development of its activities, offering the quality of its products and excellence in its after-sales service.
In this context, on July 27, 2023, Remonda Castro issued Series I of Notes for a value of US$ 1,000,000 at an annual nominal interest rate of 1% and at an issue price equivalent to 104.85% of the nominal value of the Notes.
The maturity date of the Notes will be July 2026, and their principal will be amortized in three installments.
The offering was directed to the local market and the Notes have been authorized for listing and trading on the Mercado Abierto Electrónico S.A. (MAE) and Bolsas y Mercados Argentinos S.A. (ByMA).
Banco Supervielle y Banco Comafi acted as arrangers, placement agents and guarantors of the Notes.
External legal counsel of Remonda Castro, Banco Supervielle and Banco Comafi
Cerolini & Ferrari Abogados
Partner Agustín L. Cerolini and associates Martín Chindamo, Juan Bautista Marquez and Ornella Gagliolo