We advised Raghsa on its inaugural local issuance of hard-dollar Notes for US$10,000,000

New Deal - April 26, 2024

Raghsa Sociedad Anónima (the “Company“), a leading company founded in 1969, dedicated to the development of premium residential towers, AAA corporate buildings, and the management of high-end real estate.

On April 11, 2024, the Company issued Class 6 Notes, denominated, subscribed, integrated, and payable in US Dollars in Argentina, at a fixed annual rate of 5.98%, maturing on April 11, 2026, for a nominal value of US$10,000,000  (the “Notes“).

The Notes are authorized for listing and trading on Bolsas y Mercados Argentinos S.A. through the Bolsa de Comercio de Buenos Aires, and for trading on the Mercado Abierto Electrónico S.A.

Legal advisors to Raghsa Sociedad Anónima: Bruchou & Funes de Rioja’s Banking & Capital Markets Department through a team led by partner Alejandro Perelsztein along with associates Leandro Belusci, Quimey Waisten, and Agustín Caputo.

Legal advisors to Banco de Galicia y Buenos Aires S.A.U., as arranger and placement agent, and to Balanz Capital Valores S.A.U., Banco de Servicios y Transacciones S.A., Banco Santander Argentina S.A., Cocos Capital S.A., Cucchiara y Cía S.A., Facimex Valores S.A., Industrial Valores S.A., Macro Securities S.A.U., and Puente Hnos. S.A., as placement agents: Martínez de Hoz & Rueda: Partners José Martínez de Hoz (n) and Pablo Schreiber and associates Luisina Luchini and Julieta Soliverez.