Zang, Bergel & Viñes Abogados has advised IRSA Inversiones y Representaciones Sociedad Anónima (“IRSA” or the “Company”) in the issuance of Series No. XIII Notes (the “Notes”) transaction, under its Global Notes Program (not convertible into shares) for up to USD 600,000,000 (US Dollars six hundred million) (or its equivalent in other currencies or units of value).
Pérez Alati, Grondona, Benites & Arntsen advised BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Galicia and Buenos Aires S.A.U., Banco Santander Río S.A., AR Partners S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., Facimex Valores S.A., SBS Trading S.A., Nación Bursátil S.A. and Bull Market Brockers S.A.as placement agents of the Notes (the “Placement Agents”).
On August 23, 2021, IRSA successfully consummated the issuance of Series No. XIII Notes for a total amount of USD 58,124,596 which were issued at a price of 100% of face value, will bear an annual interest rate of 3.90%, payable on a bi-annual basis, and will mature on August 26, 2024.
The offer was directed to the local market and the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and for trading in Mercado Abierto Electrónico S.A.
Counsel to IRSA
Zang, Bergel & Viñes Abogados acted as counsel to the Company through partner Carolina Zang, and associates Ignacio Milito Bianchi, Sofía Capozzi 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, Adriana Tucci and Florencia Rancati.
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