News

15 January 2020

Concepción issues Series II under it's trust securities programme

Pérez Alati, Grondona, Benites & Arntsen has acted as deal counsel in a new issuance under the trust securities programme “Concepcion” worth $20 million on which Cooperativa de Vivienda, Crédito y Consumo Concepción Ltda (“Concepción”) acted as Trustor and Cohen S.A. acted as Trustee and issuer of the deal.

Cohen S.A., Banco Mariva S.A., Ad Cap Securities S.A. and Banco Supervielle S.A. were the placement agents in the transaction, which closed on January 27 th. The Trust issued the debt securities in three classes worth a total of ARG $71.881.326. (U$S1.159.376).

The Trust assets are present and future credits originated by Concepcion S.A. through the deferred-payment checks and bills.

Deal Counsel

Pérez Alati, Grondona, Benites & Arntsen.
Partner María Gabriela Grigioni and Associates Tomás Rago, Nahuel Perez de Villarreal and Pablo Vidal Raffo.

Read article published in Abogados.com.ar

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