Pérez Alati, Grondona, Benites & Arntsen advised Banco Comafi and Comafi Bursátil S.A., as placement agents (jointly, the “Placement Agents”), in the issuance of (i) additional class I notes for a nominal amount of US$5,000,000 (the “Additional Class I Notes”); (ii) class III notes for a nominal amount of US$28,386,900 (the “Class III Notes”); and (iii) class IV notes for a nominal amount of US$15,448,300 (the “Class IV Notes”).
The Additional Class I Notes are denominated in US dollars and will be payable in US dollars in Argentina (Dollar MEP), maturing on November 24, 2024, and will accrue interest at a fixed interest rate of 1%.
The Class III Notes are denominated in US dollars, and will be payable in US dollars off shore (Dollar Cable), maturing on February 12, 2025, and will accrue interest at a fixed interest rate of 1%.
The Class IV Notes are denominated in US dollars and will be payable in Argentine pesos, maturing on August 16, 2025 and will not accrue interest.
Banco Comafi's main activity consists in providing a wide range of commercial banking services to various types of customers (individuals and micro, small, medium and large companies). Through its branches and other remote channels, it receives deposits at sight, in savings accounts and fixed-term deposits, grants secured and unsecured loans, overdrafts, check discounting and commercial financing lines. In addition, Banco Comafi provides services to companies, such as salary payments, payments to suppliers and collections, and issues credit cards for individuals and companies, among others.
Legal Counsel to the Placement Agents: Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet, counselor Alejo Muñoz de Toro and associate Tamara Friedenberger.
In-house Counsels of Banco Comafi: Carmen Nosetti and Mariana López.
