Loma Negra Compañía Industrial Argentina S.A. successfully completes offering of USD 71,722,774 Series 2 Notes

On June 21, 2023, Loma Negra Compañía Industrial Argentina SA issued Series 2 Notes for USD 71,722,774, denominated and payable in USD at a 6.50% annual interest rate, due December 21, 2025. The Series 2 Notes were issued under the company’s USD 500,000,000 global notes program.

Loma Negra is the country’s leader on cement production and commercialization. The company will use the net proceeds from the issuance to increase its working capital in Argentina, as well as to refinance the company’s short-term liabilities.

Marval O’Farrell Mairal acted as legal counsel to Loma Negra through a team led by partner Sergio Tálamo, together with associate Juan Pablo Lentino.

Luciano Babuin and Mikaela Badaracco, and Guillermo Braun Vedoya and Diego Jalón acted as Loma Negra's in-house legal and financial team.