Nicholson y Cano Abogados and Tanoira Cassagne Abogados advised in Red Surcos Notes Issuance
Red Surcos S.A. (“Red Surcos“), a leading company in the sale of agricultural inputs, carried out a new issuance of simple corporate bonds Series VI Class A for a total par value of $322,222,222 (Argentine Pesos three hundred twenty-two million two hundred twenty-two thousand two hundred twenty-two) maturing on June 24, 2022 (“Serie VI Class A Notes”) and series VI Class B for a total par value of U$S7,603,035 (Dollars seven million six hundred three thousand thirty-five) maturing on December 24, 2022 (“Serie VI Class B Notes” and together with Serie VI Class A Notes, the “Series VI Notes”), within the framework of their global program for the issuance of simple bonds up to U$S30,000,000 (Dollars thirty million) (or its equivalent in other currencies). The Date of Issuance and Settlement was June 24, 2021.
Nicholson y Cano Abogados advised Red Surcos, while Tanoira Cassagne Abogados advised Banco Supervielle S.A., Balanz Capital Valores S.A.U., Banco de la Provincia de Buenos Aires, AR Partners S.A., Banco Santander Río S.A., ADCAP Securities Argentina S.A., and TPCG Valores S.A.U. as placement agents (together “Placement Agents”), in the issuance of Series VI Notes.
The Series VI Notes have been authorized for their negotiation on Mercado Abierto Electrónico S.A. and Bolsas y Mercados Argentinos S.A.
Legal counsel to Red Surcos S.A.
Nicholson y Cano Abogados: Partner Mario Kenny and Associates Juan Martín Ferreiro and Micaela Bassi.
Legal counsel to the Placement Agents
Tanoira Cassagne Abogados: Partners Alexia Rosenthal and Jaime Uranga, and Associates Juan Sanguinetti, Rodrigo Córdoba and Francisco Rojas Andri.