Zang, Bergel & Viñes Abogados advised Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria ("Cresud " or the "Company") in the issuance of Series No XXXVI (the "Notes") transaction, 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 de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., SBS Trading S.A., AR Partners S.A., Facimex Valores S.A. and Invertir en Bolsa S.A.,as placement agents of The Notes (the “Placement Agents”).
On February 18, 2022, Cresud successfully completed the issuance of Series No XXXVI Notes and closed the exchange offer for a total face value of USD 40.583.296 (US Dollars forty million five hundred and eighty-three thousand two hundred and ninety-six), will bear an annual interest rate of 2,00%, payable on a bi-annual basis, at an issuance price of 100% of face value, and will mature on February 18, 2025.
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 negotiation in the Mercado Abierto Electrónico S.A.
Counsel to CRESUD.
Zang, Bergel & Viñes Abogados acted as counsel through partners Carolina Zang and María Angélica Grisolia and associates Cristian Bruno and Nadia Dib.
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 Jerónimo Juan Argonz.
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