Firm: Beccar Varela
Region: All
Jurisdiction: All
Beccar Varela | September 2022
Argentina

Buenos Aires, September 28th, 2022. Hijos de Salvador Muñoz S.A. ("Salvita" or “HSM”, indistinctly) issued in the local capital market Class II-Series I Notes, denominated in U.S. Dollars, to be integrated and payable in Pesos, for a total nominal amount of US$10,000,000 (the “Class II Series I Notes”). The issuance of Class II Series I Notes was made under the company’s Global Program of up to US$50,000,000 ...

Beccar Varela | September 2022
Argentina

Buenos Aires, September 22nd, 2022. On September 12th, Banco de Galicia y Buenos Aires S.A.U. (“Banco Galicia”) issued Class XII Notes, payable in Argentine Pesos, for a total nominal amount of AR$5,829,400,000 ...

Beccar Varela | August 2022
Argentina

Buenos Aires, August 24th, 2022. On July 29th, INVAP S.E. (“INVAP”) issued Class V Notes, carried out in two series under the company’s Global Program of up to US$50,000,000 (or its equivalent in other currencies and/or units of value), for a total nominal amount of AR$1,212,301,586. Series I Notes were issued for a nominal amount of AR$642,857,142, maturing on July 29th, 2024 ...

Beccar Varela | August 2022
Argentina

Buenos Aires, August 19th, 2022. On July 21st, Gastaldi Hnos. S.A.I. y C.F. e I. (“Gastaldi”) issued its first Notes Issuance, Series I - Class II Notes, carried out under the PYME CNV Garantizada regime (SME Guaranteed Regime), for a total nominal amount of US$2,500,000. Series I - Class II Notes are maturing on January 21st, 2025, will accrue no interest, and will amortize its principal in two payments equivalents to 50% of the nominal value, which will be made in the last two semesters ...

Beccar Varela | August 2022
Argentina

Buenos Aires, August 11th, 2022. Beccar Varela advised Puente Hnos. S.A. and most of the local and international holders on the judicial debt restructuring of Roch S.A. (the “Company”), a company dedicated to the exploitation, exploration, and marketing of oil and gas. The restructuring of the debt, worth approximately US$27 million, took place within the framework of the reorganization proceeding presented by the Company on November 5th, 2020 ...

Beccar Varela | July 2022
Argentina

Buenos Aires, 8 July 2022. Beccar Varela, an Argentine leading full-service law firm, turns 125 today. “Experience and innovation” is the firm’s motto. Since 1897, it advises the most important national and international companies on setting up and developing their business in Argentina ...

Beccar Varela | July 2022
Argentina

Buenos Aires, July 7th, 2022. On July 5th, Tarjeta Naranja S.A.U. (“Tarjeta Naranja”) issued Class LIV Notes -simple, non-convertible into shares, unguaranteed-, carried out in two series for a total nominal amount of AR$8,000,000,000. The issuance was made under the company’s Global Program of up to US$1,000,000,000. Series I Class LIV Notes was issued for a nominal amount of AR$3,220,141,000 ...

Beccar Varela | June 2022
Argentina

Buenos Aires, June 29th, 2022. On June 16th, Vista Energy Argentina S.A.U. (“Vista”) issued Series XIII Notes - simple, non-convertible into shares, denominated and payable in U.S. Dollars-, for a total nominal amount of US$43,500,000. The issuance was carried out under the company’s Global Program of up to US$800,000,000 (or its equivalent in other currencies or units) ...

Beccar Varela | June 2022
Argentina

It is with great sadness that Beccar Varela announces the passing of advisory partner Dr. Emilio Nicolás Vogelius, which occurred on June 22nd, 2022, in the city of Buenos Aires. Emilio obtained his Law degree from Universidad de Buenos Aires in 1976. He started his professional career as a Clerk in a National Commercial Court. He joined Beccar Varela in 1980, where he co-headed the Arbitration and the Healthcare & Life Sciences departments ...

Beccar Varela | June 2022
Argentina

Buenos Aires, 21 June 2022. On June 10th, Seguros Sura S.A., a company belonging to Suramericana S.A., one of the largest Latin American groups in the insurance industry operating in nine countries, sold its surety insurance business unit ACG (Aseguradora de Créditos y Garantías) to Argentine investors Marcelo Figueiras, José Urtubey, and Alberto Serventich, all of them with an extensive and recognized experience in the private sector ...

Beccar Varela | May 2022
Argentina

Buenos Aires, May 26th, 2022. On May 24th, Asociación Civil Sumatoria para una Nueva Economía (Sumatoria) carried out the first sustainable bond issuance with a gender perspective in the local capital market. Class II notes were issued in two series under a specific SME regime, for a total nominal amount of AR$60 million maturing on August 24th, 2023 (the Notes) ...

Beccar Varela | May 2022
Argentina

Refi Pampa S.A., a leading Argentine company dedicated to the production of quality fuel, successfully completed the placement and issuance in the local market of Notes Class II, Series B (the “Notes”), corporate bonds with a nominal value set in inflation-adjusted units (the “UVA”) equivalent to AR$999,999,949.41. The Notes were subscribed, integrated, and will be payable in pesos, with a fixed rate of 0,00%. The Notes mature will take place on May 5th, 2025 ...

Beccar Varela | May 2022
Argentina

The renowned publication Latin Lawyer awarded Beccar Varela the Pro Bono Law Firm of the Year award on May 5th, at the Latin Lawyer Awards 2022 ceremony, held at the Hotel Unique, Sao Paulo, Brazil ...

Beccar Varela | April 2022
Argentina

Buenos Aires, April 12th, 2022. On April 7th, Beccar Varela promoted Ana Andrés, Felipe Videla, and Lucía Degano to partners in recognition of their talent and the great contribution they have made to the firm in the areas of mergers & acquisitions, corporate law, financial law, project finance, and healthcare & life sciences. Ana Andrés joined Beccar Varela in 2003, where she heads the Healthcare & Life Sciences Department ...

Beccar Varela | April 2022
Argentina

Buenos Aires, April 6th, 2022. Last April 5th, Tarjeta Naranja S.A. issued Class LIII Notes, simple, non-convertible into shares, and unguaranteed. The issuance was carried out under the company’s Global Program of up to US$1,000,000,000, in two series, for a total nominal amount of AR$8,725,275,841. Series I was issued for a nominal amount of AR$4,532,664,152, maturing on April 5th, 2023, accruing interest at a floating rate, equivalent to Badlar private rate plus a cut-off margin of 3 ...

Beccar Varela | April 2022
Argentina

Buenos Aires, April 4th, 2022. On March 22nd, Tarjeta Naranja S.A. issued Class LII Notes -which are simple, non-convertible into shares, and unguaranteed-, with the objective to partially refinance Class XXXVII Notes, in compliance with the provisions of BCRA Rules. The issuance was carried out under the company’s Global Program of up to US$1,000,000,000, for a total nominal amount of US$7,500,000 ...

Beccar Varela | March 2022
Argentina

Buenos Aires, March 30th, 2022. After exercising a sale option on October 1st, 2021, and following a negotiation process, fourteen of the most important banks in Argentina (Banco Santander Río S.A., Banco de Galicia y Buenos Aires S.A.U., Banco BBVA Argentina S.A., Banco Macro S.A., Banco de la Provincia de Buenos Aires, HSBC Bank Argentina S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Banco Patagonia S.A., Nuevo Banco de Santa Fe S.A., Banco Itaú Argentina S.A ...

Beccar Varela | March 2022
Argentina

Buenos Aires, March 21st, 2022. On March 16th, Tecnomyl S.A. issued Class I Notes, simple, non-convertible into shares, unguaranteed, for a total nominal value of US$11,398,000. The issuance was made under the Company’s Global Program of up to AR$1,500,000,000. Class I Notes, maturing on March 16th, 2024, will accrue interest at a nominal annual fixed rate, equivalent to 4 ...

Beccar Varela | March 2022
Argentina

Buenos Aires, March 22nd, 2022. On March 16th, Compañía Financiera Argentina S.A. issued Class XXV Notes in two series (simples, subordinated, and non-convertibles into shares); Series I for a nominal value of AR$192,496,592 and Series II for UVAs 5,758,872 (equivalent to AR$607,503,407.28 according to the Initial UVA Value). The Notes issuance was carried out under the Company’s Global Program of up to US$250,000,000 ...

Beccar Varela | February 2022
Argentina

Buenos Aires, February 3rd, 2022. On January 31st, Tarjeta Naranja S.A. issued Class LI Notes, simple, non-convertible into shares, payable in Pesos, carried out in two series, for a total nominal amount of AR$6,000,000,000. The issuance of the Notes was made under the company’s Global Program of up to US$1,000,000,000. Series I Notes were issued for a nominal amount of AR$2,715,057,778 and will mature on January 31st, 2023 ...

Beccar Varela | February 2022
Argentina

Beccar Varela incorporated Dr. Manuel Frávega as a partner to lead the firm’s Environmental Law and Climate Change Department. Most recently, Manuel served as Environment Regional Senior Manager for Tenaris, a multinational steel company subsidiary of the Techint Group, a world leader in the production of steel tubes. The firm’s managing partner, Horacio E ...

Beccar Varela | January 2022
Argentina

Buenos Aires, January 21st, 2022. Beccar Varela advised Agrofina S.A. on the constitution of Agrofina XXVII Financial Trust, set under Secuval II Program, and on the trust debt securities issuance, which took place on January 19th, 2022, carried out for a total amount of US$7,218,991 ...

Beccar Varela | December 2021
Argentina

Buenos Aires, December 29th, 2021. On December 27th, Asociación Civil Sumatoria para una Nueva Economía (“Sumatoria”) carried out its first notes’ issuance in the local capital market with Class I notes, under a specific SME regime, offered in two series, for a total nominal amount of AR$30 million (the “Notes”). Series I Notes were issued for a nominal amount of AR$13,065,000, maturing on March 27th, 2023, accruing interest at a nominal annual fixed rate of 30% ...

Beccar Varela | December 2021
Argentina

Buenos Aires, 16 December 2021. On December 13, Los Grobo Agropecuaria SA (“Los Grobo”) obtained a debt refinancing for approximately US$34 million and negotiated loans in pesos for up to the equivalent amount of US$9 million, including the renewal of existing guarantees by Los Grobo. The lenders of these operations were Banco de Galicia y de Buenos Aires S.A.U., Banco Santander Río S.A., Banco Supervielle S.A., HSBC Bank Argentina S.A., Banco Hipotecario S.A., Banco Itaú Argentina S.A ...

Beccar Varela | December 2021
Argentina

The renowned publication Chambers and Partners awarded Beccar Varela with the Argentina Client Service Award and the Diversity & Inclusion: Environment and Sustainability Firm of the Year award on December 3rd, at the Chambers Latin America Awards 2021 ceremony, held at the Fontainebleau hotel in Miami Beach, United States. The Argentina Client Service Award recognizes local law firms that have achieved excellence in customer service over the past year. Horacio E ...

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