TCA Tanoira Cassagne and Martínez de Hoz & Rueda advises on LIPSA’s Series VI notes issuance.


Lipsa S.R.L. (“Lipsa”), a family-owned company, engaged in the agricultural business with more than a decade in the north of Argentina, whose main activity is the agricultural production of soybean, corn and wheat, successfully completed the public placement and issuance in the domestic capital markets of its US$12,000,000 9% Series VI Notes due 2026 (the “Notes”).

TCA Tanoira Cassagne acted as legal counsel to Lipsa as issuer and Martínez de Hoz & Rueda acted as legal counsel to Banco Mariva S.A., Banco de Galicia y Buenos Aires S.A.U. and Balanz Capital Valores S.A.U. as arrangers and placement agents and Nuevo Chaco Bursátil S.A., Latin Securities S.A., Invertir en Bolsa S.A., Cocos Capital S.A., Industrial Valores S.A. and BACS Banco de Crédito y Securitización S.A., as placement agents.

The Notes are denominated and were paid and will be payable in U.S. dollars.

The Notes were issued on July 2, 2024, under Lipsa’s Global Note Program for an amount of US$150,000,000.

The Notes will mature on July 2, 2026.

Legal Counsel to Lipsa: TCA Tanoira Cassagne through a team led by Partners Jaime Uranga and Rocío Carrica; and Associates Lucía Viboud Aramendi, Ana Lucía Miranda and Juan Francisco Tineo.

Legal Counsel to the Arrangers and Placement Agents: Martínez de Hoz & Rueda through a team led by Partners José Martinez de Hoz (n) and Pablo Schreiber; and Associates Luisina Luchini and Julieta Soliverez.

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