Arcor’s $35.1 Million Notes Offering

Muñoz de Toro and Bruchou, Fernández Madero & Lombardi advised on the transaction

ARCOR S.A.I.C. executed its offering of Clase 15 $35.1 Million Notes due October 2021.

Banco de Galicia y Buenos Aires S.A.U., Industrial and Commercial Bank of China (Argentina) S.A., Banco Santander Río S.A. acted as lead manager, SBS Trading S.A., Balanz Capital Valores S.A.U. and TPCG Valores S.A.U. acted as placing agents on the offering.

Arcor is a leading industrial Group, which specializes in the manufacture of foodstuff, sugar confectionery, cookies & crackers, chocolate and ice cream. It was born over 60 years ago as a candy factory in the city of Arroyito, Córdoba (Argentina), with the aim of offering quality products to consumers all over the world.

Muñoz de Toro Abogados advised Arcor with Ricardo Muñoz de Toro, Laura Gomes, Guillermina Muñoz de Toro and Evelyn Rivas.

Bruchou, Fernández Madero & Lombardi advised the underwriters with Alejandro Perelsztein (Picture), Leandro Exequiel Belusci, Luisina Rossi and Josefina Reyes.

Involved fees earner: Leandro Belusci – Bruchou, Fernández Madero & Lombardi; Alejandro Perelsztein – Bruchou, Fernández Madero & Lombardi; Luisina Rossi – Bruchou, Fernández Madero & Lombardi; Ricardo Muñoz de Toro – Muñoz de Toro Abogados;

Law Firms: Bruchou, Fernández Madero & Lombardi; Muñoz de Toro Abogados;

Clients: Arcor S.A.I.C.; Balanz Capital S.A. ; Banco de Galicia y Buenos Aires S.A.; Banco Santander Río S.A.; Industrial and Commercial Bank of China; SBS trade SA; TPCG Valores S.A.;

Author: Ambrogio Visconti.