TCA Tanoira Cassagne advised Procesos Industriales Metallo S.A. as issuer (the “Issuer”), and Banco Supervielle; Banco Comafi; Industrial Valores; Macro Securities and Nuevo Banco de Santa Fe as arrangers and placement agents; and Comafi Bursátil and Tarallo as placement agents (jointly, the “Placement Agents”) in the issuance of the Series I Class 1 Notes with a nominal value of ARS 2,738,400,000; denominated and payable in Argentine Pesos, which will accrue interest at a floating rate equal to the TAMAR rate plus a 4.75% margin, maturing on April 28, 2027 (the “Notes”).
The Notes will be issued on April 28, 2025; and are fully guaranteed by Banco Supervielle; Banco Comafi; Banco Industrial.; Banco Macro and Nuevo Banco de Santa Fe in their capacity as guaranteeing entities (jointly, the “Guaranteeing Entities”) authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).
Procesos Industriales Metallo S.A. is an industrial services company focused on delivering metal parts, finished assemblies, and comprehensive engineering services. Founded in 2020 and part of the Crucianelli Group, the company began operations in 2021. It provides laser and plasma cutting, tube cutting, bending, manual and robotic welding, and assembly of bodies and sheet metal assemblies. In 2024, the company obtained ISO 9001 certification.
Deal Counsel: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal; Jaime Uranga and Ignacio Criado Díaz; and associates Juan Manuel Simó and Jimena Torres Marcelo.
