Beccar Varela advises Gastaldi Hnos on Series II Notes issuance
October, 2024 - Buenos Aires, Argentina
On September 16, 2024, Gastaldi Hnos. S.A.I. y C.F. E I. (“Gastaldi”) issued Series II Class II Notes (“the Notes”) under the PYME CNV Guaranteed Regime.
The Notes were issued for a nominal value of AR$ 4,679,000,000 at a Private Badlar Rate plus a margin of 7% annual nominal rate.
The Notes will mature on September 16, 2026, with interest payable quarterly until maturity, and 100% of the principal will be amortized in 3 installments: (i) 33% at 18 months; (ii) 33% at 21 months; and (iii) 34% at maturity.
The Notes are listed on Bolsas y Mercados Argentinos S.A. and Mercado Abierto Electrónico S.A.
In this issuance, Gastaldi acted as issuer, while Banco Supervielle S.A., Banco de Galicia y Buenos Aires S.A.U., Banco BBVA Argentina S.A., and Banco de la Provincia de Córdoba S.A. acted as arrangers and placement agents.
All parties were advised by Beccar Varela: team led by Luciana Denegri, with the participation of Julián Alejandro Ojeda, Martina Puntillo, and Carlos Nicolás Saúl Lucero.
