RIZOBACTER ARGENTINA S.A. (“Rizobacter”), a leader in agricultural microbiology, carried out the issuance of Notes Series V for a total amount of USD 26,012,974. under its Global Note Program for the issuance of notes for a nominal value of up to US $80,000,000.
Rizobacter was advised by Nicholson y Cano Abogados, while the placement agents Banco de Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco Santander Rio SA (which also acted as organizers), Cohen S.A, Allaria Ledesma & Cía. S.A., AR Partners S.A. and Banco Mariva S.A. were advised by Pérez Alati, Grondona, Benites & Arntsen.
The Notes were issued on March 5th, 2021 in two classes: (i) Class A for an amount of U$S 5,225,851, denominated in U.S. dollars, to be integrated in Pesos, and payable in Pesos, at a fixed interest rate of 0.98%, maturing on March 5, 2022; and (ii) Class B for an amount of US$ 20,787,123, denominated in U.S. dollars, to be integrated in Pesos, and payable in Pesos, at a fixed interest rate of 5.5% and maturing on March 5, 2024.
Rizobacter is an Argentinean company, based and born in the city of Pergamino, province of Buenos Aires, 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 the Organizers and Placement agents.Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Nicolás Aberastury, Guido Meirovich, Paula Balbi and Pablo Vidal Raffo.
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