13 Jul 23 Cerolini & Ferrari advised in the initial issuance of Matesur
Agustín L. Cerolini, Martín Chindamo and Juan Bautista Marquez
Cerolini & Ferrari Abogados advised Matesur S.A. and Banco de Galicia y Buenos Aires S.A.U. in the first issuance of notes of Matesur under the Régimen PyME CNV Garantizada for a value of US$ 1,000,000 (the «Notes«).
Matesur is a company mainly engaged in the collection and conditioning of grain on commission and/or consignment, sale on commission and/or consignment of grain and inputs, and storage and warehousing in silos.
In this context, on July 7, 2023, Matesur issued Series I of Notes for a value of US$ 1,000,000 at an annual nominal interest rate of 0% and at an issue price equivalent to 112% 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 de Galicia y Buenos Aires acted as arranger, placement agent and guarantor of the Notes.
External legal counsel of Agrofin, Banco Supervielle, Banco de la Provincia de Buenos Aires and Supervielle AN
Cerolini & Ferrari Abogados
Partner Agustín L. Cerolini and associates Martín Chindamo and Juan Bautista Marquez