TCA Tanoira Cassagne advises on the issuance in the segment of Guaranteed Notes of ALZ Semillas with a fixed rate of 0%
TCA Tanoira Cassagne advised ALZ Semillas S.A., as issuer and Banco Itaú Argentina S.A. as organizer and placement agent, and Itaú Valores S.A. as placement agent, in ALZ Semillas´s first issuance under the segment of Guaranteed Notes through the issuance of the US$2,000,000 Dollar-Linked Guaranteed Serie 1 Notes (the “Notes”) with a fixed rate of 0%, due on July 12, 2024.
The Notes were issued on July 12, 2022 and are fully guaranteed by Banco Itaú Argentina S.A. as Guarantee Entity authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).
ALZ Semillas S.A. is a company dedicated to the development of a portfolio of products with genetic aggregates recognized by leading companies, to the sale of products through a network of distributors and to the technical positioning of the product throughout the country. The main sales product is hybrid corn seeds.
Deal Counsel of the Transaction: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal, Jaime Uranga and Rocío Carrica; and Associates: Carolina Mercero and Agustín Astudillo.
In-house counsel to Banco Itaú Argentina S.A.: Mariana Inés Sánchez.