PAGBAM advice in a the second issuance under the trust securities programme “Fértil Finanzas”
Argentina’s Pérez Alati, Grondona, Benites & Arntsen has acted as deal counsel in the second issuance under a trust securities programme “Fértil Finanzas” worth US$10 million on which Fértil Finanzas S.A. acted as Trustor and Rosario Administradora Sociedad Fiduciaria S.A. acted as Trustee and issuer of the deal.
Mercado Argentino de Valores S.A. acted as placement arranger, Banco Mariva S.A., Banco de Servicios y Transacciones S.A., and the Agents registered with Mercado Argentino de Valores S.A. were the placement agents in the transaction, which closed on 2 March, 2021. Rosario Administradora Sociedad Fiduciaria S.A. issued the debt securities in three classes worth a total of ARG $120,235,834 (U$S 1,333,730.82)
The Trust Programme, called Fértil Finanzas, consists of present and future credits originated by Fértil Finanzas S.A. through the use of the credit cards and personal loans.
Deal Counsel
Pérez Alati, Grondona, Benites & Arntsen: Partner María Gabriela Grigioni and associates Nahuel Perez de Villarreal, Paula Balbi and Tomás Agustín Rago.
Counsel to Rosario Administradora Sociedad Fiduciaria S.A.
In-house – Manuel Ventureira y Lucas Jakimowicz.
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