TCA Tanoira Cassagne advised Prodeman S.A. as issuer, and Banco Supervielle and Becerra Bursatil as placement agents in the issuance of the following: (i) Series III Class 1 Notes with a nominal value of $3,256,000,000; denominated and payable in Argentine Pesos, which will accrue interest at a floating rate equal to the BADLAR rate plus a 5.00% margin, maturing on September 06, 2026; and (ii) Series III Class 2 Notes with a nominal value of US$1,569,000; denominated in US Dollars and payable in Argentine Pesos, which will accrue interest at a fixed annual nominal rate of 4.89%, maturing on March 06, 2026 (the “Notes”).
The Notes will be issued on September 06, 2024; and are fully guaranteed by Banco Supervielle as Guaranteeing Entity authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).
Prodeman S.A. is a family company that produces, selects, collects, processes and sells to more than 40 countries, safe and excellent quality food, complying with the standards and specifications that satisfy the needs and expectations of the most demanding markets in the world.
Legal Counsel: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal, Jaime Uranga and Ignacio Criado Díaz; and Associates: Juan Manuel Simó and Mateo Fiorito.
