Pérez Alati, Grondona, Benites & Arntsen advised TGLT S.A. in the restructuring of its Class XVI and XVII Notes for an outstanding principal amount of US$ 20.484.229 and US$ 825.070, respectively (the "Notes").
TGLT S.A., through a consent solicitation procedure, obtained the consent of the holders of Notes, which represented more than 51% of the total amount of such Notes, in order to amend certain terms and conditions of the Notes. The amendment included the maturity date of the Notes, the schedule of principal and interest payments and the collateral (the latter only with respect to the Notes Class XVI). The consents to the amendment of certain terms and conditions of the Notes were obtained: (i) on August 3, 2021 with respect to the Class XVII Notes; and (ii) on October 4, 2021 with respect to the Class XVI Notes.
TGLT S.A., as issuer, was advised by Pérez Alati, Grondona, Benites & Arntsen (PAGBAM) through a team led by it Partner Diego Serrano Redonnet, and Associates Nicolás Aberastury, Nahuel Perez de Villarreal, Alejo Muñoz de Toro and Adriana Tucci.
Fretes, Casaburi & Grinenco through a team led by its Partner Guillermo Fretes, advised certain holders of the Class XVII Notes.
