CITES I financial Trust’s $24 Million Fundraising


Paolantonio & Legón and Brady Abogados advised on the transaction

Centro de Innovación Tecnológica, Empresarial y Social S.A. completed the fundraising transaction of CITES I financial Trust.

CITES I raised $24 Million to be invested in order to finance a technology based business conglomerate and play a linking role between research, productive, business and social sectors, by an interdisciplinary support between technological and business areas, with the aim of strengthening the technological, economic and social development of the region and of the country.

Banco de Valores S.A. acted as lead manager and placing agent.

Paolantonio & Legón Abogados advised Centro de Innovación Tecnológica, Empresarial y Social S.A. (“CITES”) with Martín Paolantonio (Picture), Pablo A. Legón, Santiago J. Cornes Sangiao and Matías Gastaminza

Brady Abogados advised Banco de Valores S.A. with a team including Lucas Brady and Juan Locicero.

Involved fees earner: Lucas Brady – Brady Abogados; Juan Locicero – Brady Abogados; Santiago Juan Cornes Sangiao – Paolantonio & Legón; Matías Gastaminza – Paolantonio & Legón; Pablo Agustín Legón – Paolantonio & Legón; Martín Esteban Paolantonio – Paolantonio & Legón;

Law Firms: Brady Abogados; Paolantonio & Legón;

Clients: Banco de Valores S.A.; Centro de Innovación Tecnológica, Empresarial y Social S.A. (“CITES”);

Author: Ambrogio Visconti.