News

28 October 2021

Series No. 5 Notes of Banco Hipotecario Sociedad Anónima

Zang, Bergel & Viñes Abogados advised Banco Hipotecario Sociedad Anonima (the "Bank") in the issuance of Series No 5 (the "Series 5 Notes") under the Frequent Issuer Regime.

Pérez Alati, Grondona, Benites & Arntsen advised Banco Hipotecario S.A., BACS Banco de Crédito y Securitización S.A., Banco Santander Río S.A. and Puente Hnos. S.A., as placement agents of the Series 5 Notes (the “Placement Agents”).

On October 5, 2021, the Bank successfully completed the issuance of Series 5 Notes for a total face value of USD 10,000,000 (US Dollars ten million), will bear an annual interest rate of 0%, at an issuance price of 100% of face value, and will mature on April 7, 2023.

The offer was directed to the local market and the Series 5 Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and for trading in the Mercado Abierto Electrónico S.A.

Counsel to the Bank

Zang, Bergel & Viñes Abogados acted as legal advisor to the Bank through partner Carolina Zang, and associates Ignacio Milito Bianchi, Sofía Capozzi, Ana Paula Luna and Cristian Bruno.

Counsel to the Placement Agents 

Pérez Alati, Grondona, Benites & Arntsen acted as legal advisor to the placement agents through partner Diego Serrano Redonnet, and associates Nicolás Aberastury, Alejo Muñoz de Toro and Adriana Tucci.

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