Zang, Bergel & Viñes Abogados advised Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, as issuer (“Cresud” or the “Company”), in the issuance of Series No XLV (“Series No XLV” orthe “Notes”), under its Global Notes Program (not convertible into shares) for up to USD 500,000.000 (US Dollars five 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 Patagonia S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., Facimex Valores S.A., Banco Supervielle S.A., Invertir en Bolsa S.A. and Banco Mariva S.A., as placement agents of the Notes (jointly, the “Placement Agents”).
On April 22, 2024, Cresud successfully completed the placement and issuance of Series No XLV for an aggregate of USD 10.199.068, which will bear a fixed interest rate of 6,00%, at an issuance price of 100% of face value, and will mature on August 22, 2026.
The offer was directed to qualified investors in the local market and the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and for trading on the Mercado Abierto Electrónico S.A.
Counsel to the Placement Agents
Pérez Alati, Grondona, Benites & Arntsen
Diego Serrano Redonnet, Alejo Muñoz de Toro, Juan Ignacio Rodríguez Goñi and Tamara Friedenberger.
