06 Abr 21 Cerolini & Ferrari advised Granville, BST, AdCap, Intergarantías and PyME Aval

Cerolini & Ferrari Abogados advised Granville S.A. in a new issuance of SME notes under the PyME CNV Garantizada regime of the Argentine Stock Exchange Commission.

Granville is a company dedicated to the commercialization of new and used cars, as well as after-sales service and spare parts sales. It operates in Junín and Pergamino, Province of Buenos Aires, and has a radius of influence that reaches other localities in the Province of Buenos Aires.

In this regard, on March 31, 2021, Granville issued Series II SME Notes for a nominal amount of AR$60,000,000, maturing in March 2024, at a variable rate (BADLAR) with a 2% applicable margin.

Banco de Servicios y Transacciones S.A. (BST) acted as arranger and placement agent, Adcap Securities Argentina acted as placement agent and Intergarantías S.G.R. and PyME Aval S.G.R. acted as guarantors.

BST’s in-house legal counsels

Ana Vea Murguia and Paula De La Serna

Adcap’s in-house legal counsel

Lucas Confalonieri

Intergarantías’s in-house legal counsels

Marcos Agorreca and David Igancio López

PyME Aval’s in-house legal counsel

Flavio Castro

External legal advisors to Granvielle, BST, Adcap, Intergarantías and PyME Aval

Cerolini & Ferrari Abogados

Partner Agustín L. Cerolini and associates Julieta Mel and Gastón Toncovich.