Ledesma’s $22.7 Million Notes Offering


Nicholson y Cano Abogados and Pérez Alati, Grondona, Benites & Arntsen advised on the deal

Ledesma S.A.A.I. executed its offering of $22.7 million notes due 2021.

Banco Santander Río S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Macro S.A., Balanz Capital Valores S.A.U, and Macro Securities S.A. acted as underwriters on the offering.

Ledesma S.A.A.I. produces and sells sugar, alcohol, fruit juice, paper, corn and grain products, and meat in Argentina. The company, led by Javier Enrique E Crotto, Fernando Muro De Nadal and Marcela Barroso, in 2019 recorded $293 million revenues.

Nicholson y Cano advised Ledesma with Marcelo Villegas (Picture), Juan Martín Ferreiro, Gonzalo Rivas Orozco and Darío Pessina.

Pérez Alati, Grondona, Benites & Arntsen advised the underwriters with Diego Serrano Redonnet, Nicolás Aberastury, Guido Meirovich and Pablo Vidal Raffo.

Involved fees earner: Juan Martín Ferreiro – Nicholson & Cano Abogados; Gonzalo Rivas Orozco – Nicholson & Cano Abogados; Marcelo Villegas – Nicholson & Cano Abogados; Nicolás Aberastury – Pérez Alati, Grondona, Benites & Arntsen; Guido Meirovich – Pérez Alati, Grondona, Benites & Arntsen; Diego Serrano Redonnet – Pérez Alati, Grondona, Benites & Arntsen; Pablo Vidal Raffo – Pérez Alati, Grondona, Benites & Arntsen;

Law Firms: Nicholson & Cano Abogados; Pérez Alati, Grondona, Benites & Arntsen;

Clients: Balanz Capital S.A. ; Banco de Galicia y Buenos Aires S.A.; Banco Macro S.A.; Banco Santander Río S.A.; Ledesma SA; Macro Securities S.A.;

Author: Ambrogio Visconti.