TCA Tanoira Cassagne advised Ricardo Venturino S.A. as issuer, and Banco Comafi , Banco Supervielle and Banco CMF as arrangers and placement agents in the issuance of the following: (i) Series IV Class I Notes with a nominal value of $1,404,801,771, denominated and payable in Argentine Pesos, which will accrue interest at a floating rate equal to the BADLAR rate plus a 2.00% margin, maturing on August 27, 2025; and (ii) Series IV Class 2 Notes with a nominal value of US$1,013.175, denominated in US Dollars and payable in Argentine Pesos, which will accrue interest at a fixed annual nominal rate of 5.00%, maturing on February 27, 2026 ( the “Notes”).
The Notes will be issued on August the 27th, 2024; and are fully guaranteed Banco Comafi, Banco Supervielle and Banco CMF as Guaranteeing Entities authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).
Ricardo Venturino S.A. is an official concessionaire of John Deere Argentina S.A. whose main commercial activities are the wholesale of new models of agricultural machinery manufactured by John Deere, the commercialization of multi-brand second-hand machinery received in concept of payment for the new John Deere units sold, the commercialization of John Deere’s official agricultural machinery parts for replacement and providing maintenance services for the units sold.
Legal Counsel: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal, Jaime Uranga and Ignacio Criado Díaz; and Associates: Juan Manuel Simó, Juan Francisco Tineo and Mateo Fiorito
