TCA Tanoira Cassagne and Martinez de Hoz & Rueda advises on LIPSA’s Classes II and III note issuance.

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TCA Tanoira Cassagne and Martinez de Hoz & Rueda advises on LIPSA’s Classes II and III note issuance.

PR LIPSA

Lipsa S.R.L. (“Lipsa“), a family-owned company, engaged in the agricultural business in the North of Argentina, which main activity is the agricultural production of soybean, corn and wheat, successfully completed the placement and issuance in the local market of: (i) “dollar linked” Class II Notes with a nominal value of US$4,566,290 (the “Class II Notes”) and (ii) dollar linked” Class III Notes with a nominal value of US$ 10,266,604 (the “Class III Notes” and together with the Class II Notes, the “Notes“).

TCA Tanoira Cassagne acted as legal counsel to Lipsa as issuer and Martinez de Hoz & Rueda acted as legal counsel to Banco Mariva S.A., Banco de Galicia y Buenos Aires S.A.U. and Balanz Capital Valores S.A.U. as arrangers and placement agents and Banco de Servicios y Transacciones S.A. and Nuevo Chaco Bursátil S.A. as placement agents.

The Notes are denominated in U.S. dollars, were integrated in Pesos and will be payable in Pesos at the applicable exchange rate, were issued on August 23 2022. The maturity of Class II Notes will occur on August 23, 2024 and the maturity of Class III Notes will occur on August 23, 2025.

Legal Counsel to Lipsa: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal, Jaime Uranga and Rocío Carrica; and Associates: Pilar Dominguez Pose and Agustin Astudillo.

Legal Counsels to the Placement Agents: Martinez de Hoz & Rueda through a team led by Partner José Martinez de Hoz and Associate Pablo Schreiber and Luisina Luchini.

In-house legal team of Banco de Galicia y Buenos Aires S.A.U: Enrique Cullen, Fernan Pereyra de Olazabal y Patricia Araujo.

In-house legal team of Banco Mariva S.A.: María Eugenia Ataefe and Pablo Augusto Antao.

In-house legal team of Balanz Capital Valores S.A.U.: Ana Paula Dandlen and Luciano Taraciuk

In-house legal team of Banco de Servicios y Transacciones S.A.: Ana Vea Murguia.

In-house legal team of Nuevo Chaco Bursátil S.A.: Saravia Frías Abogados.