Ledesma S.A.A.I. (the "Issuer", the "Company" or "Ledesma", indistinctly), is a leading agribusiness company in Argentina, issued class 15 notes for a face amount of US$ 31,092,846, under its global notes program for up to USD 150,000,000 (the "Notes"). The proceeds will be applied to: working capital in Argentina, and/or investments on fixed and capital assets in Argentina, and/or to the refinancing of short-term financial liabilities of the Company.
The tender of the Notes took place on January 30th, 2025, evidencing a renewed market interest in quality corporate notes.
The Notes were issued on February 4th, 2025, are denominated and payable in U.S. Dollars in Argentina (“Dolar MEP”), at a fixed annual interest rate of 7.0% per annun, maturing on October 4 th,2027.
Pérez Alati, Grondona, Benites & Arntsen advised Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A.U. Banco BBVA Argentina S.A., Macro Securities S.A.U, Balanz Capital Valores S.A.U., Banco Mariva S.A., Banco Patagonia S.A., Adcap Securities Argentina S.A., Allaria S.A., Banco de Servicios y Transacciones S.A., SBS Trading S.A. and Banco Piano S.A., as placement agents.
With more than 116 years of history, Ledesma is a leading company in sugar and paper production and has major participation in the fruits, and citric juice, alcohol, bioethanol, meat, and cereal markets. Committed with the development of Argentina, the Company employs approximately 7,000 individuals who work mostly in the province of Jujuy, where the Company was funded and where more than 40,000 hectares have been devoted to the harvest of its main raw material: the sugarcane.
Organizers and placement agent´s Legal Advisors:Pérez Alati, Grondona, Benites & Arntsen: Partner: Diego Serrano Redonnet. Counselor: Alejo Muñoz de Toro. Associates: Juan Ignacio Rodríguez Goñi and Tamara Friedenberger.
