Meranol S.A.C.I. (“Meranol” or the “Company”) a chemical company of German origin based in Argentina, dedicated to the production and commercialization of industrial chemical products, successfully completed the placement and issuance in the local market of Notes Class 23 and Notes Class 24.
TCA Tanoira Cassagne has assisted Meranol S.A.C.I., as issuer, in the issuance of Notes issued in two classes: (i) Notes Class 23 due on July 23rd, 2024, for an aggregate amount of AR$ 113,499,890 and accruing a floating interest rate equal to the Badlar rate plus a 10% margin; and (ii) Notes Class 24 due on May 23rd, 2025, with a nominal value of US 4,802,659, integrated and payable in Pesos and were tendered at 3% rate, with interests payable half yearly (jointly, the “Notes”).
The issuance date of the Notes was on May 23rd, 2023.
The Notes are listed in Mercado Abierto Electrónico S.A.
Coordinator to the issuance: StoneX Securities S.A.
Placement Agents: StoneX Securities S.A., Allaria S.A., Banco de Galicia y Buenos Aires S.A.U., Banco de la Provincia de Buenos Aires and Max Capital S.A.
Deal Counsel of the Transaction: TCA Tanoira Cassagne: Partners Alexia Rosenthal and Jaime Uranga and Associates Ignacio Nantes, Mariana Troncoso, Carolina Mercero, Ana Lucía Miranda and Alejo Medici Raymundi.
