Tanoira Cassagne Abogados and Beccar Varela advised on BICE’s new issuance of notes

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Tanoira Cassagne Abogados and Beccar Varela advised on BICE’s new issuance of notes

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Tanoira Cassagne Abogados advised Argentine development bank Banco de Inversión y Comercio Exterior S.A under the issuance of Series 9 notes, worth AR$ 1.500 million (approx. US$ 34 million). The Series 9 Notes where oversubscribed for more than AR$ 3,000 million (approx. US$76 million).

Beccar Varela advised Banco de Galicia y Buenos Aires S.A.U., Banco Macro S.A., Macro Securities S.A., Banco de Servicios y Transacciones S.A. and Nación Bursátil S.A., as organizers and placement agents for the issuance.
The issuance of the Series 9 notes was completed on July 16, 2019. The notes were listed on Bolsas y Mercados Argentinos S.A. through the Buenos Aires Stock Exchange, and traded on Mercado Abierto Electrónico S.A.

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