We advised the placement agents in Arcor’s issuance of Notes for US$100,000,000
Bruchou & Funes de Rioja and Muñoz de Toro Abogados acted as legal advisors in the issuance by ARCOR S.A.I.C., one of the main food producers in Argentina, of its Series 2 Notes for a nominal value of US$100,000,000 (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 October 6, 2026, and will bear interest at a fixed annual nominal rate of 5.90% 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 Moody’s Local AR Agente de Calificación de Riesgo 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 Societé Anonyme.
Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A., Banco BBVA Argentina S.A., Banco Patagonia S.A., Invertir en Bolsa S.A., SBS Trading S.A., Facimex Valores S.A., Balanz Capital Valores S.A.U., Petrini Valores S.A., Allaria S.A. and Banco Hipotecario S.A. 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‘s Banking & Capital Markets team led by Alejandro Perelsztein with the participation of Sebastián Pereyra Pagiari, Facundo Suarez Loñ and Gonzalo Vilariño.
