Beccar Varela advises on Valentín Bianchi’s first notes’ issuance.
February, 2023 - Buenos Aires, Argentina
Buenos Aires, February 23rd, 2023. On February 8th, 2023, Valentín Bianchi S.A.C.I.F. (“Valentín Bianchi”) carried out its first Notes’ Issuance (Series I Notes) under the PYME CNV Garantizadas regime (SME Guaranteed Regime). Series I Class II Notes, issued for a total nominal amount of US$3.204.007, are maturing on February 8th, 2026, and will not accrue interest.
In addition, the principal of the Notes will be amortized in four payments, equivalent to 25% of the nominal value, structured as follows: the first payment at 18 months, the second payment at 24 months, the third payment at 30 months, and the fourth payment at 36 months.
The Notes are guaranteed by Banco Supervielle S.A., Banco Itaú Argentina S.A., and Banco Macro S.A
Series I Notes were admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading at Mercado Abierto Electrónico S.A.
In this matter, Banco Supervielle S.A., Banco Itaú Argentina S.A., and Macro Securities S.A.U. participated as organizers and placement agents, while Banco Supervielle S.A., Banco Itaú Argentina S.A., and Banco Macro S.A. acted as guarantee entities. In addition, Supervielle Agente de Negociación S.A.U and Itaú Valores S.A. acted as sub-placement agents. All parties turned to Beccar Varela’s team, which was led by Luciana Denegri and consisted of associates Julián Ojeda, María Belén Tschudy, and Tomás Cappellini.
