NEWS

We advised Banco de la Ciudad de Buenos Aires and Banco de Inversión y Comercio Exterior S.A. in the assignment of credits

September 28, 2021

On September 17, Marval O'Farrell Mairal advised Banco de la Ciudad de Buenos Aires and Banco de Inversión y Comercio Exterior S.A. in the assignment bank credits against Medanito S.A. under a syndicated loan, for principal amounts of US$ 5,000,000 and US$ 10,000,000, respectively, in favor of Fratelli Investments Limited. This transaction is part of a series of operations aimed at restructuring Medanito S.A.’s liabilities.

Marval O'Farrell Mairal acted as counsel to Banco de la Ciudad de Buenos Aires and Banco de Inversión y Comercio Exterior S.A., through a team led by partner Roberto E. Silva, Jr., assisted by associate Martín I. Lanús.

Martínez de Hoz & Rueda acted as counsel to Fratelli Investments Limited through a team led by partner José Martínez de Hoz III, assisted by associate Sofía Leggiero.