We advised the placement agents on Arcor’s issuance of Notes for AR$79,070,450,614
Muñoz de Toro Abogados and Bruchou & Funes de Rioja acted as legal advisors in the issuance by ARCOR S.A.I.C., one of the main food producers in Argentina, of its Series 4 Notes for a nominal value of $79,070,450,614 (the “Notes”), under the “Frequent Issuer Simplified Regime” (Régimen Simplificado de Emisor Frecuente).
The Notes will be due after 12 months from their issuance and settlement date, that is, on February 25, 2027, and will bear interest at an annual variable interest rate that will be equivalent to the sum of the Tasa Tamar Privada plus the Applicable Margin of 3.4% on their outstanding principal and will be repaid in a single payment on the maturity date of the Notes. The Notes have been rated by Fix SCR S.A. as “ML A-1ar”.
The Notes have been admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading on A3 Mercados S.A., being eligible by Euroclear Bank S.A./N.V. and/or Clearstream Banking Société Anonyme.
Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A., Banco BBVA Argentina S.A., Macro Securities S.A.U., Banco Patagonia S.A., Banco de Servicios y Transacciones S.A.U., Banco de la Provincia de Córdoba S.A., SBS Trading S.A., Balanz Capital Valores S.A.U., Facimex Valores S.A. and Banco de la Provincia de Buenos Aires acted as placement agents of the issuance (the “Placement Agents“).
Legal advisors to ARCOR S.A.I.C.:
Muñoz de Toro Abogados: team led by Ricardo Muñoz de Toro with the participation of Laura Gomes and Guillermina Muñoz de Toro.
Legal advisors to the Placement Agents:
Bruchou & Funes de Rioja: team led by Alejandro Perelsztein with the participation of Sebastián Pereyra Pagiari and Gonzalo Javier Vilariño.
