Tanoira Cassagne acted as legal advisors in the organization of “Red Surcos V” Financial Trust
Tanoira Cassagne Abogados acted as deal counsel in the issuance of trust debt securities under the “Red Surcos V” Financial Trust (“Trust”), in the framework of 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 U$S 8,797,618.
Banco Macro S.A. and Macro Securities S.A., acted as arrangement and placement agent of the Trust, respectively.
The purpose of the issuance was to fund Red Surcos S.A. with the assignment in favor of the Trust of the credits originated in the sale of agricultural inputs to distributers and producers.
The National Securities and Exchange Commission (CNV) authorized on July 31, 2019, the public offering of the trust debt securities for an amount of U$S 8,797,618.
Tanoira Cassagne acted through a team led by partners Alexia Rosenthal and Jaime Uranga assisted by associates Juan Sanguinetti and Belén López Domínguez.
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