RIZOBACTER ARGENTINA S.A. (“Rizobacter”), a leader in agricultural microbiology, carried out the issuance of Notes Series VI for a total amount of approximately US$ 16 million. under its Global Note Program for the issuance of notes for a nominal value of up to US $80,000,000.
Rizobacter was advised by Nicholson y Cano Abogados, while the placement agents Banco de Galicia y Buenos Aires S.A.U., Banco Santander Rio S.A, Banco Supervielle S.A. (which also acted as organizers), Cohen S.A, Allaria Ledesma & Cía. S.A., AR Partners S.A., Banco Mariva S.A. and Futuros del Sur S.A. were advised by Pérez Alati, Grondona, Benites & Arntsen.
The Notes were issued on September 7th, 2021 in two classes: (i) Class A for an amount of US$ 12,717,475, denominated in U.S. dollars, to be integrated and payable in Pesos, at a fixed interest rate of 3.75%, maturing on March 7, 2023; and (ii) Class B for an amount of US$ 3,428,224, denominated in U.S. dollars, to be integrated and payable in Pesos, at a fixed interest rate of 5.25% and maturing on September 7, 2024.
Rizobacter is a company established in 1977, and with over 40 years of market experience, is a world leader in biological soy products and Argentina’s main supplier of biological solutions for the agricultural industry, with a strong focus on crop nutrition and seed treatment solutions. It is a company that researches, develops and commercializes innovative solutions for the best crop growth in the world. Rizobacter operates in the research, development, production and marketing of its main product lines: Inoculants, Packs, Seed Cures, Coadjuvants and others.
Legal advisors to Rizobacter
Nicholson y Cano Abogados: Partner Mario Kenny. Associates Juan Martín Ferreiro.
In house counsel: Gloria Montaron Estrada, and Facundo Javier Rodenas.
Legal advisors to the Organizer and Placement agents.
Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Nicolás Aberastury, Adriana Tucci and Florencia Rancati.
Read article published in Abogados.com.ar
Read article published in AUNO Abogados
Read article published in Líder Legal
Read article published in Global Legal Chronicle