BLC Legal advised Rowing S.A. as Issuer (“Rowing”) and TCA Tanoira Cassagne advised Banco de Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco BBVA Argentina S.A. as arrangers, placements agents and guarantee entities, Allaria S.A as arranger and placement agents, PP Inversiones S.A. and Alfy Inversiones S.A. solely as placements agents and Argenpymes S.G.R. solely as guarantee entity in the issuance of Series I Notes due on July 30th, 2025, denominated and payable in Argentine Pesos, for an aggregate amount of AR$9,300,000,000 and accruing a floating interest rate equal to the BADLAR rate plus a 3,90% margin (the “Notes”).
Rowing is a company specialized in construction works and in the provision of maintenance services and other services in electrical, telecommunications, gas, water and sewage infrastructure networks for public and/or private clients.
In addition, Rowing provides services to city infrastructures, such as work and maintenance of traffic light and lighting systems and maintenance of drains..
Legal Counsel to the Issuer: BLC Legal through a team led by Partner María Florencia Brovida; and Associates: Javier Alegre Zorraquín and Vanina Martini.
Legal Counsel to the Arrangers, Placement Agents and Guarantee Entitites: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal, Jaime Uranga and Associates: Federico Grieben and Juan Francisco Tineo.
