Lipsa S.R.L. ("Lipsa"), a family-owned company, engaged in the agricultural business with more than a decade in the north of Argentina, which main activity is the agricultural production of soybean, corn and wheat, successfully completed the public placement and issuance the Class IV Notes (dollar linked notes) for a nominal value of US$5.750.000 in the local markets (the "Notes").
TCA Tanoira Cassagne acted as legal counsel to Lipsa as issuer and MHR Martinez de Hoz & Rueda acted as legal counsel to Banco Mariva S.A., Banco de Galicia y Buenos Aires S.A.U. and Balanz Capital Valores S.A.U. as arranger and placement agent and and Nuevo Chaco Bursátil S.A. as placement agent.
The Notes, are denominated in US dollars, were integrated in Pesos and will be payable in Pesos at the applicable exchange rate. The Notes were issued on December 19, 2022, under Lipsa’s Global Note Program for an amount of US$50.000.000. The Notes will mature on December 19, 2024.
Legal Counsel to Lipsa: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal, Jaime Uranga and Rocío Carrica; and Associates: Pilar Dominguez Pose and Agustin Astudillo.
Legal Counsel to the Arrangers and Placement Agents: Martinez de Hoz & Rueda through a team led by Partner José Martinez de Hoz (n) and Associates Pablo Nisim Schreiber and Luisina Luchini.
In-house Counselors of Banco de Galicia y Buenos Aires S.A.U: Enrique Cullen and Fernan Pereyra de Olazabal
In-house Counselors of Banco Mariva S.A.: María Eugenia Ataefe and Pablo Augusto Antao.
In-house Counselors of Balanz Capital Valores S.A.U.: Ana Paula Dandlen and Luciano Taraciuk
In-house Counselors of Nuevo Chaco Bursátil S.A.: Saravia Frías Abogados.