News

8 June 2023

Issuance of the Financial Trust “Tarjeta Fértil XX” under the Financial Trust Programme “Fértil Finanzas”

Argentina’s Pérez Alati, Grondona, Benites & Arntsen has acted as deal counsel in the twentieth issuance under a trust securities programme “Fértil Finanzas” worth US$10 million on which Fértil Finanzas S.A. acted as Trustor and Rosario Administradora Sociedad Fiduciaria S.A. acted as Trustee and issuer of the deal.  

Adcap Securities Argentina S.A. acted as placement arranger, Banco Mariva S.A., Banco de Servicios y Transacciones S.A., and the Agents registered with Mercado Argentino de Valores S.A., as well as Adcap Securities Argentina S.A. were the placement agents in the transaction, which closed on June 2nd, 2023. Rosario Administradora Sociedad Fiduciaria S.A. issued the debt securities in three classes worth a total of ARG $332,743,293 (U$S 1,386,045.18)

The Trust Programme, called Fértil Finanzas, consists of present and future credits originated by Fértil Finanzas S.A. through the use of the credit cards and personal loans.

Deal Counsel

Pérez Alati, Grondona, Benites & Arntsen.

Partner María Gabriela Grigioni, associates Nahuel Perez de Villarreal, María Sol Martinez, Martina Mastandrea and paralegal Violeta Okretic.

Counsel to Rosario Administradora Sociedad Fiduciaria S.A.

In-house – Manuel Ventureira y Lucas Jakimowicz. 

Subscribe to our Newsletter

Stay updated by receiving our Legal News Alert that will provide you, in a quick and simple way,
with the latest regulatory changes as well as the most relevant news.

Subscribe

* indicates required
I hereby give my free and informed consent for the collection, processing, storage and/or use of my personal data (the "Personal Data") by Pérez Alati, Grondona, Benites & Arntsen. I understand that all assignment and/or transfer of my Personal Data will be made in full compliance with Law No. 25,326 and complementary regulations. The delivery of my Personal Data is voluntary. I understand that, as the owner of the Personal Data, I have the right to exercise, free of charge, the right of access, rectification or deletion of my Personal Data pursuant to Section 14, subsection 3 of Law No. 25,326 (as amended), by communicating to the following e-mail address news@pagbam.com. The AGENCY FOR ACCESS TO PUBLIC INFORMATION, Control Body of Law No. 25,326, has the power to deal with complaints and claims filed by those affected in theirs right due to breach of the Personal Data legislation in force.
You must fill the checkbox to suscribe.