TCA Tanoira Cassagne advised Lodiser S.A. as issuer (the “Issuer”) and Mitrani Caballero advised Banco de Galicia y Buenos Aires S.A. as arranger, placement agent and guaranteeing entity (the “Arranger, Placement Agent and Guaranteeing Entity”), on the issuance of the Class I Notes with a nominal value of USD 4,000,000,000, maturing on August 25, 2028 (the “Notes”). The Notes will accrue interest at a floating rate equal to the TAMAR rate plus a -1,50% margin, are denominated and will be payable in Argentine pesos and were issued under the National Securities and Exchange Commission’s Automatic Public Offering Authorization Regime for its Low Impact.
The Notes are fully guaranteed by Banco de Galicia y Buenos Aires S.A. in their capacity as guaranteeing entity authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).
Lodiser S.A. is an Argentine food company whose main activity consists of the production and marketing of raw materials to produce artisanal and industrial food products, with business lines focused on the confectionery, ice cream and pastry segments. The Issuer supplies the domestic market with products in these categories, combining its industrial capacity with logistics and customer service, and provides agile and personalized service to more than 4,500 customers.
Legal Counsel of the Issuer: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Jaime Uranga, and Associates Juan Manuel Simó and Mario Ignacio Larreguy Revol.
Legal Counsel of the Arranger, Placement Agent and Guaranteeing Entity: Mitrani Caballero through a team led by Associates Alejo Muñoz de Toro y Santino Giannuzzi.
