Salaverri, Burgio & Wetzler Malbrán and Tanoira Cassagne (TCA) advised on Creaurban’s bond issuance.
Creaurban S.A. (“Creaurban“), a leading Argentine company in the construction and real estate developments industry, successfully completed the placement and issuance in the local market of the Negotiable Obligations Series 8 (the “Notes”) corporate bonds with a nominal value in pesos of $1,417,000,000, subscribed and integrated in pesos or kind.
Creaurban was advised by Salaverri, Burgio & Wetzler Malbrán; while Tanoira Cassagne Abogados (TCA) advised Banco de Servicios y Transacciones S.A. and Banco Santander Río S.A., which acted as arrangers (together, the “Arrangers“); and Banco de Servicios y Transacciones S.A., Banco Santander Río S.A., Banco Hipotecario S.A., BACS Banco de Crédito y Securitización S.A., Banco Mariva S.A., Allaria Ledesma & Cía S.A., Cocos Capital S.A., SBS Trading S.A., Invertir en Bolsa S.A , AR Partners S.A, Balanz Capital Valores S.A.U., AdCap Securities Argentina S.A. and Facimex Valores S.A. acted as placement agents (together, the “Placement Agents”).
The Notes were issued on February 25th, 2022, under the Non-Convertible Simple Notes Program for up to USD$200,000,000 (or its equivalent in other currencies) (the “Program“). Notes Series 8, denominated and payable in Pesos or kind bear a variable interest rate.
The Notes were partially integrated in kind through the delivery of notes series 5 issued by Creaurban on March 29, 2021.
The Notes Series 8 mature on February 25th, 2023.
Legal advisors to Creaurban:
Salaverri, Burgio & Wetzler Malbrán: Partner Martín Fernández Dussaut. Associates Guido Aiassa, Delfina Meccia and Sofía Jacobez.
Legal advisors to the Placement Agents:
Tanoira Cassagne Abogados (TCA): Partners Alexia Rosenthal and Jaime Uranga. Associates Ignacio Criado Díaz, Francisco Rojas Andri and Pilar Domínguez Pose.
In-house counsel to the Arrangers and Placement Agents:
Banco Santander Río S.A.: Eduardo Ramos, Ignacio García Deibe, Paula Balbi, Ezequiel Guerrero.
Banco Hipotecario S.A.: Guillermo Miedan.
Banco Mariva S.A.: Pablo Augusto Antao y María Eugenia Ataefe.
Allaria Ledesma & Cía S.A.: Ezequiel Politi.
Balanz Capital Valores S.A.U.: Ana Paula Dandlen y Luciano Taraciuk.