Bruchou & Funes de Rioja advised Banco de Valores S.A. (“VALO”), as issuer; VALO, Puente Hnos. S.A., Balanz Capital Valores S.A.U., and Allaria S.A. as arrangers and placement agents (the “Arrangers and Placement Agents”); and Industrial Valores S.A., Invertironline S.A.U., Inviu S.A.U., GMC Valores S.A., Schweber Securities S.A., Cono Sur Inversiones S.A., and S&C Inversiones S.A. as placement agents (the “Placement Agents” and, together with the Arrangers and Placement Agents, the “Placement Syndicate”) in the successful issuance of Class 1 Notes in the aggregate principal amount of US$30,000,000, denominated and payable in U.S. dollars, at a fixed rate of 7.50%, maturing on March 11, 2027 (the “Notes”). The Notes were issued under the recently created global note issuance program for an aggregate principal amount of up to US$150,000,000 (or its equivalent in other currencies and/or units of measure or value) (the “Program”).
The Notes have been approved for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading on A3 Mercados S.A. Additionally, they have been rated “AA+(Arg)” with a stable outlook by FIX SCR S.A. Agente de Calificación de Riesgo.
VALO is a key player in the development of the Argentine capital market, providing specialized financial solutions through its role as trustee and custodian of mutual funds. With a strategic vision for expansion, the entity continues to strengthen its leadership with the recent authorization of its Program, driving new opportunities for investors and companies.
Bruchou & Funes de Rioja advised VALO, as the issuer, with a team led by Partner Hugo Bruzone and associates Leandro Exequiel Belusci, Malena Tarrío, Teo Panich, and Marco Haas.
The team of Bruchou & Funes de Rioja advising the Placement Syndicate included partner José María Bazan and associates Ramón Augusto Poliche, Branko Serventich, and Lucía De Luca.