Tanoira Cassagne Abogados advises on the issuance of the CVN Notes by Ricardo Venturino S.A.
Tanoira Cassagne Abogados advised Ricardo Venturino S.A., as issuer (the “Issuer”), and Banco Supervielle S.A., as placement agent and arranger (the “Arranger”), in the issuance of the company under the public offering regime through the issuance of PyMEs CNV Guaranteed Serie II Notes for an aggregate amount of AR$75,000,000 (the “Notes”), denominated and to be paid in pesos, due on October 5, 2023, with a variable annual nominal interest rate equivalent to the BADLAR Rate plus a margin of 4,95%. The Notes were issued on October 5, 2021.
The Notes are fully guaranteed Banco Supervielle S.A. as Guarantee Entity authorized by the National Securities Commission (Comisión Nacional de Valores -“CNV”).
Ricardo Venturino S.A. is an official concessionaire of Industrias John Deere Argentina S.A., whose main objective is the wholesale of agricultural new machinery of John Deere brand, sale of multi-brand used machinery received in part of payment of the new units sold, sale of John Deere official spare parts and sale of workshop services.
Legal counsel to the Issuer and Placement Agent:
Tanoira Cassagne Abogados through a team led by Partners Alexia Rosenthal and Jaime Uranga; and Associates: Ignacio Criado Díaz, Mariana Troncoso and Francisco Rojas Andri.