IRSA Inversiones’s $350 Million Notes Offering


Zang, Bergel & Viñes and Salaverri, Burgio & Wetzler Malbrán advised on the deal

IRSA Inversiones y Representaciones SA executed its offering of $350 million notes on Argentina Stock Market.

BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Industrial and Commercial Bank of China (Argentina) S.A., Banco de la Provincia de Buenos Aires, Balanz Capital Valores S.A.U., Puente Hnos. S.A. and SBS Trading S.A. acted as placing agents on the offering.

IRSA Inversiones y Representaciones S.A. operates as a diversified real estate company. The Company, led by Eduardo Sergio Elsztain, Saul Zang and Alejandro Gustavo Elsztain develops, acquires, and operates shopping centers, premium offices, and luxury hotels, as well as residential real estate properties. The company, in 2018 recorded $1.72 billion revenues.

Zang, Bergel & Viñes advised IRSA with a team including Carolina Zang (Picture), María Cecilia Pasman, Francisco M. Bereciartúa, Federico Machado Sieben and Nicolás A. Falabella.

Salaverri, Burgio & Wetzler Malbrán advised the placing agents with Roberto Lizondo, Marco E. Ferrario, Lucía Viboud Aramendi and Lisandro Musa.

Involved fees earner: Marco Ferrario – Salaverri, Burgio & Wetzler Malbrán; Roberto Lizondo – Salaverri, Burgio & Wetzler Malbrán; Lisandro Musa – Salaverri, Burgio & Wetzler Malbrán; Lucía Viboud – Salaverri, Burgio & Wetzler Malbrán; Francisco Bereciartúa – Zang, Bergel & Viñes Abogados; Nicolás Falabella – Zang, Bergel & Viñes Abogados; Federico Machado Sieben – Zang, Bergel & Viñes Abogados; Cecilia Pasman – Zang, Bergel & Viñes Abogados; Carolina Zang – Zang, Bergel & Viñes Abogados;

Law Firms: Salaverri, Burgio & Wetzler Malbrán; Zang, Bergel & Viñes Abogados;

Clients: BACS Banco de Crédito y Securitización; Balanz Capital S.A. ; Banco de Galicia y Buenos Aires S.A.; Banco de la Provincia de Buenos Aires; Banco Hipotecario S.A.; Banco Santander Río S.A.; Industrial and Commercial Bank of China; IRSA Inversiones y Representaciones SA (IRSA); Puente Hermanos S.A.; SBS trade SA;