Bruchou advised on the issuance of notes by Banco Itaú Argentina
The Notes, due after 12 months as from its issuance date on March 14th, 2023, will bear interest at a variable annual rate equal to the sum of the Badlar Rate plus the Applicable Margin of 2.00%, and will be repaid in a single payment on the due date.
The Notes have been admitted for listing on the Mercado Abierto Electrónico S.A. Fix Argentina has rated the Notes as “A1+(arg)”.
Banco Itaú Argentina S.A. acted as issuer, arranger and co-placement agent of the issuance and Itaú Valores S.A. acted as co-placement agent of the issuance.
Deal Counsel:
Bruchou, Fernández Madero & Lombardi team led by Alejandro Perelsztein with the participation of Leandro Exequiel Belusci, Manuel Etchevehere and Sebastián Pereyra Pagiari.
In-house counsel: Luis María Vaini and Luisina Rossi.[/vc_column_text][/vc_column][/vc_row]