TCA Tanoira Cassagne advised in Latin América Postal S.A. first Notes issuance with a margin of 0% and an over-subscription of more than 3 times the amount issued
CA Tanoira Cassagne advised Latin América Postal S.A. (the “Company”), as issuer, and Banco Mariva S.A. and Banco Supervielle S.A. as placement agents in the issuance of PyMEs CNV Guaranteed Serie I Notes for an aggregate amount of AR$100,000,000 (the “Notes”), denominated and to be paid in pesos, due on July 29, 2024, with a variable annual nominal interest rate equivalent to the Badlar Rate plus a margin of 0,00%. The Notes were issued on July 29, 2022.
The Notes are fully guaranteed by Banco Mariva S.A and Banco Supervielle S.A. as Guaranty Entities duly authorized by the CNV.
Latin América Postal S.A. is a qualified postal and logistics service provider with national coverage and a strong growth, based on the development of innovative services and added value from the use of technology applied to its services. In this sense, it stands out as one of the most prestigious providers in the sector.
Deal counsels: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Jaime Uranga and Associates Ignacio Criado Díaz, Pilar Dominguez Pose, Teófilo Trusso and Agustín Astudillo.
In-house counsel to Banco Mariva S.A.: María Eugenia Ataefe and Pablo Antao.