Tanoira Cassagne acted as legal advisors in the creation of the “Red Surcos XV” Financial Trust

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Tanoira Cassagne acted as legal advisors in the creation of the “Red Surcos XV” Financial Trust

PR RS FF XV

Tanoira Cassagne Abogados acted as deal counsel in the issuance of trust debt securities of the “Red Surcos XV” Financial Trust (“Trust”), under the Trust Debt Securities Global Program “Red Surcos Créditos”.

Banco CMF S.A. acted as trustee and issuer (“Trustee”) and Red Surcos S.A. acted as trustor (the “Trustor”), in the issuance of trust debt securities under the Trust for a total aggregate amount of $ 318,930,860.

Banco CMF S.A. jointly with Banco Macro S.A. acted as arrangement agents, and jointly with Macro Securities S.A. and BACS Banco de Crédito y Securitización S.A. acted as placement agents of the Trust

The purpose of the issuance was to fund Red Surcos S.A. with the assignment in favor of the Trust of the deferred payment checks originated in the sale of agricultural inputs to distributers and producers.

The National Securities Commission (CNV) authorized on June 14, 2021, the public offering of the trust debt securities for an amount of $ 318,930,860.

Tanoira Cassagne acted through a team led by partners Alexia Rosenthal and Jaime Uranga assisted by associates Juan Sanguinetti, Mariana Troncoso and Francisco Rojas Andri.