Investment mutual fund “Fondo Común de Inversión Cerrado Inmobiliario Puerto Nizuc” and issuance of shares for AR$ 10,000,000,000
Counsels in the issuance and placement of a single class of shares for AR$ 10,000,000,000 (the “Shares”) for the investment mutual fund “Fondo Común de Inversión Cerrado Inmobiliario Puerto Nizuc” (the “Fund”). The Shares were issued on October 19, 2023.
The Fund’s was created for funding the real estate development of certain units located within one of the parcels of land within the urban development project named “Puerto Nizuc” in the Province of Buenos Aires.
IEB S.A. acted as the manager and arranger of the issuance; Banco de Valores S.A. served as the custodian, placement agent and arranger of the placement and issuance; Invertir en Bolsa S.A. acted as a placement agent and Nueva Marinas de Hudson Inversora S.A. acted as developer.
US$100,000,000 trust securities under “Global ARSA I” Financial Trust
Deal counsel in the issuance of “Global ARSA I” 3.00% trust securities for US$100,000,000, due October 15, 2026, issued under the Financial Trust Global Program “Global ARSA” for an amount of up to US$300,000,000.
The trust assets are future collection rights arising from the online sales of domestic and international flight tickets sold in Argentina by Aerolíneas Argentinas and paid with VISA credit and debit cards.
The proceeds from the issuance of the trust securities will be used by Aerolíneas Argentinas to finance mid-life maintenance of its 16 engines’ EMBRAER 190 fleet.
Aerolíneas Argentinas S.A. acted as trustor; BICE Fideicomisos S.A. acted as trustee, collection agent and custody agent; Puente Hnos. S.A. acted as arranger and placement agent; and Nación Bursátil S.A. and AdcapSecurities Argentina S.A. acted as placement agents.
“Total Assets II” Financial Trust for AR$1.000.070.978
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 1,000,070,978 issued under the “Total Assets II” Financial Trust, in which Crédito Directo S.A acted as trustor, TMF Trust Company (Argentina) S.A. acted as trustee, Banco de Servicios y Transacciones S.A. acted as arranger and placement agent, and Macro Securities S.A.U., Banco Supervielle S.A., Banco Patagonia S.A. and Banco de Valores S.A. acted as placement agents.
“Total Assets I” Financial Trust for AR$ 700,076,651
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 700,076,651 issued under the “Total Assets I” Financial Trust, in which Crédito Directo S.A. acted as trustor, TMF Trust Company (Argentina) S.A. acted as trustee, Banco de Servicios y Transacciones S.A. acted as arranger and placement agent, and Macro Securities S.A.U., Banco Supervielle S.A. and Banco Patagonia S.A. acted as placement agents.
“San Cristóbal Servicios Financieros II” Financial Trust for AR$ 375,500,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 375,500,000 issued under the “San Cristóbal Servicios Financieros II” Financial Trust, in which San Cristóbal Servicios Financieros S.A acted as trustor, TMF Trust Company (Argentina) S.A. acted as trustee, Banco Macro S.A. acted as arranger, First Corporate Finance Advisors S.A. acted as financial advisor and Macro Securities S.A.U. acted as placement agent.
“AMFAyS – Serie 41” Financial Trust for AR$509,610,869
Legal advisors to StoneX Securities S.A. and Nuevo Banco de Santa Fe S.A. as arrangers and placement agents in the issuance and placement in Argentina by Asociación Mutual de las Fuerzas Armadas y de Seguridad (AMFAyS) as trustor and TMF Trust Company (Argentina) S.A. as trustee and issuer of debt securities Class 1 for AR$337,526,255 debt securities Class 2 for AR$22,143,241 and debt securities Class 3 for AR$149,941,373, under the Financial Trusts Global Program “AMFAyS – Serie 41” for an amount of up to AR$5,000,000,000.
“San Cristóbal Servicios Financieros I” Financial Trust for AR$ 422,500,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 422,500,000 issued under the “San Cristóbal Servicios Financieros I” Financial Trust, in which San Cristóbal Servicios Financieros S.A. acted as trustor, TMF Trust Company (Argentina) S.A. acted as trustee, Banco Macro S.A. acted as arranger, First Corporate Finance Advisors S.A. acted as financial advisor and Macro Securities S.A.U. acted as placement agent.
“Wenance II” Financial Trust for AR$ 481,538,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR$ 481,538,000 issued under the “Wenance II” Financial Trust, in which Wenance S.A. acted as trustor, servicer and collection agent, Adcap Securities Argentina S.A. as arranger, structuring agent, financial advisor and placement agent, and Rosario Administradora Sociedad Fiduciaria S.A. acted as trustee.
“CFA CRÉDITOS III” Financial Trust for AR$1,050,000,000
Deal counsel in the issuance and placement in Argentina of trust securities for AR$1,050,000,000 issued under the “CFA CRÉDITOS III” Financial Trust, in which Compañía Financiera Argentina S.A. (Efectivo Sí) acted as trustor, arranger, collection agent and placement agent, TMF Trust Company (Argentina) S.A. acted as financial trustee, and Banco Patagonia S.A. acted as arranger and placement agent.
“AMFAyS – Serie 40” Financial Trust for AR$290,554,491
Legal advisors to StoneX Securities S.A. and Nuevo Banco de Santa Fe S.A. as arrangers and placement agents in the issuance and placement in Argentina by Asociación Mutual de las Fuerzas Armadas y de Seguridad (AMFAyS) as trustor and TMF Trust Company (Argentina) S.A. as trustee and issuer of debt securities Class 1 for AR$186,133,677, debt securities Class 2 for AR$8,940,138 and debt securities Class 3 for AR$95,480,676, under the Financial Trusts Global Program “AMFAyS – Serie 40” for an amount of up to AR$5,000,000,000.