TCA Tanoira Cassagne advised Industrial and Commercial Bank of China (Argentina) S.A.U. (“ICBC”) as issuer and placement agent, and Balanz Capital Valores S.A.U., Allaria S.A., Buenos Aires Valores S.A., and Cucchiara y Cía. S.A. as Co‑Placement Agents in the issuance of: (i) class VIII notes due on August 28th, 2027, denominated and payable in Argentine Pesos, for an aggregate amount of AR$ 21,873,928,787 and accruing a floating interest rate equal to the TAMAR rate plus a 3.50% margin; and (ii) class IX notes due on August 28th, 2027, denominated and payable in U.S. dollars in the Republic of Argentina (Dollar Mep), for an aggregate amount of US$ 42,347,370, at a fixed nominal annual rate of 3.50%.
ICBC, faithful to its commitment and philosophy of developing differentiated and high quality financial products and services, develops a comprehensive banking operation and provides a wide range of services in retail banking, investment banking, treasury and corporate banking.
Deal Counsel: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Ignacio Criado Diaz; and Associates: Juan Manuel Simó, Florencia Ramos Frean and Mario Ignacio Larreguy Revol.
In-house Counsel to Industrial and Commercial Bank of China (Argentina) S.A.U.: Tomas Eduardo Koch, Sonia Lannutti and Juan Cruz Gonzalez Groppo.
