TCA (Tanoira Cassagne) advises on the issuance of Notes of Prodeman with a fixed rate of 0 % and an over- subscription of almost seven times the amount issued

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TCA (Tanoira Cassagne) advises on the issuance of Notes of Prodeman with a fixed rate of 0 % and an over- subscription of almost seven times the amount issued

PR Prodeman

TCA (Tanoira Cassagne) advised Prodeman S.A., as issuer and Banco Supervielle S.A. as organizer and placement agent, and Allaria Ledesma & Cía S.A. as placement agent, in Prodeman´s first issuance under the public offering regime through the issuance of the US$4,657,488 Dollar-Linked Guaranteed Class 2 Notes (the “Notes”) with a fixed rate of 0,00%, due on May 26, 2024. The Notes were issued on May 26, 2022, and had and over- subscription of almost seven times the amount issued.

Furthermore, the Notes are fully guaranteed by Banco Supervielle S.A. as Guarantee Entity authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).

Prodeman S.A. is a family enterprise that produce, process and sell different types of food in over 40 countries, meeting the highest standards of quality.

Deal Counsel of the Transaction: TCA (Tanoira Cassagne Abogados) through a team led by Partners Alexia Rosenthal and Jaime Uranga; and Associates: Ignacio Criado Díaz, Francisco Rojas Andri and Carolina Mercero.

In-house counsel to Allaria Ledesma & Cía S.A.: Ezequiel Politi.