Marval Acted as Legal Counsel in a new Debt Securities Issuance by Banco de la Nación Argentina for an Amount of US$ 56,503,685
Marval O’Farrell Mairal advised the placement agents in the transaction through which Banco de la Nación Argentina (“Banco Nación”) successfully issued its Class 7 Debt Securities, denominated in U.S. dollars, in an aggregate principal amount of US$ 56,503,685 (fifty-six million five hundred three thousand six hundred eighty-five United States dollars), bearing interest at a fixed nominal annual rate of 5.50% and maturing on November 5, 2028 (the “Class 7 Debt Securities”). The Class 7 Debt Securities were issued under Banco Nación’s global program for the issuance of short-, medium- and long-term debt securities with a maximum aggregate outstanding principal amount of up to US$1,500,000,000 (one billion five hundred million United States dollars) (or its equivalent in other currencies, units of measure and/or units of value).
Banco de la Nación Argentina acted as arranger and placement agent in the transaction. Banco Santander Argentina S.A., Banco de Galicia y Buenos Aires S.A., Banco Comafi S.A., Banco Patagonia S.A., Macro Securities S.A.U., Nación Bursátil S.A., Balanz Capital Valores S.A.U., Allaria S.A., Cocos Capital S.A. and ACA Valores S.A. acted as placement agents.
The Class 7 Debt Securities have been admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading on A3 Mercados S.A.
Marval O’Farrell Mairal thanks Banco de la Nación Argentina and the placement agents for the trust placed in the firm in connection with this new debt securities issuance, a transaction that reaffirms the firm’s commitment to the strengthening and development of the capital markets.
The Marval team was led by partner Sergio Tálamo and associates María Manuela Lava, Lautaro Penza, Felicitas María Bereterbide and Juan Von Kesselstatt.