We advised the placement agents on Farmacity’s inaugural bond issuance for US$15,000,000
TCA Tanoira Cassagne advised Farmacity S.A. (“Farmacity”) and Bruchou & Funes de Rioja advised Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A., Adcap Securities Argentina S.A., Allaria S.A. and PP Inversiones S.A., as placement agents (the “Placement Agents”), in the first issuance of Class I Notes for an amount of US$15,000,000 that will accrue interest at a fixed interest rate of 7.50%, maturing on May 11, 2029.
Farmacity is a leading player in the health and wellness sector in Argentina, driven by the dedication of its experienced pharmaceutical technical directors, nurses, and specialized teams. Farmacity is a business ecosystem that includes its network of pharmacies, Simplicity, Get The Look and The Food Market, complemented by its e-commerce channel.
Legal Counsel to Farmacity: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal andIgnacio Criado Díaz and Associates Juan Manuel Simó and Stefania Lo Valvo.
In-house Counsel of Farmacity: Andrea Gualde and Camila G. Resumil.
Legal counsel to the Placement Agents: Bruchou & Funes de Rioja through a Banking & Capital Markets‘ team led by Partner Alejandro Perelsztein and Associates Sebastián Pereyra Pagiari and Victoria Negro.
