We advised on MSU S.A.’s new successful Series XI and XII Notes offering

New Deal - November 24, 2022

Bruchou & Funes de Rioja acted as legal counsel to MSU S.A while Tavarone, Rovelli, Salim & Miani acted as legal counsel to Allaria Ledesma & Cia S.A.; Banco de Galicia y Buenos Aires S.A.U.; Balanz Capital Valores S.A.U.; Banco Supervielle S.A.; Banco Santander Argentina S.A.; Banco de la Provincia de Buenos Aires; Puente Hnos S.A.; Banco de Servicios y Transacciones S.A; Facimex Valores S.A.; and Supervielle Agente de Negociación S.A.U. in the public offering of its 0% Series XI Notes for US$ 30,000,000 issued on November 14, 2022, and due November 14, 2026, and its 4.9% Series XII Notes for US$ 60,777,529 issued on November 14, 2022, and due November 14, 2032, under its US$ 150,000,000 Global Notes Program.

MSU S.A. will use the net proceeds from the issuance of the Series XII Notes to finance the construction of a Peanut Processing and Industrialization Plant. The construction and start-up of this peanut processing plant is a project conceived and designed to promote the regional development of this crop, based on the industrialization of peanuts through a process that meets the most rigorous quality standards, with fully automated processes using state-of-the-art technology.

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Allaria Ledesma & Cia S.A.; Banco de Galicia y Buenos Aires S.A.U.; Balanz Capital Valores S.A.U.; Banco Supervielle S.A.; Banco Santander Argentina S.A.; Banco de la Provincia de Buenos Aires; Puente Hnos S.A.; Banco de Servicios y Transacciones S.A; Facimex Valores S.A.; and Supervielle Agente de Negociación S.A.U. acted as placement agents. Banco de Galicia y Buenos Aires S.A.U. also acted as arranger and settlement agent for the Series XI and Series XII Notes.

External Counsels to MSU S.A.

Bruchou & Funes de Rioja through its team led by partner José María Bazán, together with associates Leandro Exequiel BelusciRamón Augusto Poliche and Branko Serventich.

External Counsel to Allaria Ledesma & Cia S.A.; Banco de Galicia y Buenos Aires S.A.U.; Balanz Capital Valores S.A.U.; Banco Supervielle S.A.; Banco Santander Argentina S.A.; Banco de la Provincia de Buenos Aires; Puente Hnos S.A.; Banco de Servicios y Transacciones S.A; Facimex Valores S.A.; and Supervielle Agente de Negociación S.A.U.

Tavarone, Rovelli, Salim & Miani through its team led by partner Marcelo Tavarone, together with associates Ximena SumariaRamiro Catena and Eduardo Cano.