Cuotas Cencosud Serie VI’s $10.8 Million Notes Offering


Pérez Alati, Grondona, Benites & Arntsen advised on the transaction

Cuotas Cencosud Serie VI executed its offering of $10.8 million notes.

Cencosud S.A., acted as settlor on the transaction.

TMF Trust Company (Argentina) S.A., acted as trustee, Banco de Galicia y Buenos Aires S.A.U acted as led manager and placing agent and SBS Trading acted as co-placing agent.

Cencosud SA is a multi-brand retailer in South America. The company, led by Horst Paulmann Kemna, Andreas Gebhardt Strobel and Matias Videla, in 2018 recorded $13.8 billion reveenues.

Pérez Alati, Grondona, Benites & Arntsen acted as legal counsel on the transaction with a team including María Gabriela Grigioni (Picture), Tomás Rago, Nahuel Perez de Villarreal and Bárbara Santori.

Involved fees earner: María Gabriela Grigioni – Pérez Alati, Grondona, Benites & Arntsen; Nahuel Perez de Villarreal – Pérez Alati, Grondona, Benites & Arntsen; Tomás Rago – Pérez Alati, Grondona, Benites & Arntsen; Bárbara Santori – Pérez Alati, Grondona, Benites & Arntsen;

Law Firms: Pérez Alati, Grondona, Benites & Arntsen;

Clients: Banco de Galicia y Buenos Aires S.A.; Cencosud S.A.; SBS trade SA; TMF Trust Company;