News

8 July 2022

Issuance of Citrusvil’s Negotiable Obligations at 0% rate with an oversubscription of almost 25 times the maximum issuance amount

TCA Tanoira Cassagne advised Citrusvil S.A., as issuer, and Banco Supervielle S.A., as organizar and placement agent and Banco Comafi S.A. and Max Capital S.A. as placement agents, while Pérez Alati, Grondona, Benites & Arntsen advised Banco Santander Argentina S.A. as organizer and placement agent, in the Company´s first issuance under the public offering regime of the Guaranteed Series I Class II for a nominal value of USD 6,368,399, at 0% interest rate, with an oversubscription of almost 25 times of the máximum of the issuance amount, denominated in Dollars, integrated, subscribed and paid in pesos, due December 30, 2024 (the “Guaranteed SME Notes”).

The Guaranteed SME Notes were issued on June 30, 2022.

The Guaranteed SME Notes are guaranteed by Banco Supervielle S.A., Banco Santander Argentina S.A. and Banco Comafi S.A., Guarantee Entities authorized by the National Securities Commission (CNV).

The Guaranteed SME Notes were issued in keeping with the four main components of the International Capital Market Association on Green Bonds and in accordance with the Listing Rules and Guidelines on Social, Green and Sustainability (SGS) Bonds of BYMA (Bolsas y Mercados Argentinos S.A.). Thus, in the Green bond evaluation carried out by FIX SCR S.A., they have been classified as “BV2 (arg)”.

Citrusvil is an Argentinian company that grows, processes, and sells lemons and lemon derivatives.

Legal Advisors to the Issuer and Banco Supervielle S.A. and Banco Comafi S.A.: TCA Tanoira Cassagne through its team of partners Alexia Rosenthal and Jaime Uranga and Associates Ignacio Criado Díaz, Pilar Domínguez Pose and Carolina Mercero.

Legal Advisors to Banco Santander Argentina: Pérez Alati, Grondona, Benites & Arntsen through its team of partner Diego Serrano Redonnet and Associates Nicolás Aberastury, Nahuel Pérez de Villarreal and Adriana Tucci.

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