Mercado Crédito IV’s $8.21M Notes Offering


Marval, O’Farrell & Mairal advised on the transaction

The financial trust Mercado Crédito IV executed its offering of $8.21 million notes.

MercadoLibre SRL acted as settlor and Banco Patagonia SA acted as trustee and placing agent.

MercadoLibre S.R.L. operates an online trading platform in Latin America. It offers MercadoLibre marketplace, an online trading service that permits businesses and individuals to list items and conduct sales and purchases online in a fixed-price or auction-based format; and MercadoPago online payments solution, an integrated online payments solution.

Marval, O’Farrell & Mairal acted as legal counsel on the transaction with a team including Juan M. Diehl Moreno (Picture), Sergio Tálamo, Jacqueline Berkenstadt and Santiago Eraso Lomaquiz.

Involved fees earner: Jacqueline Berkenstadt – Marval, O’Farrell & Mairal; Juan Diehl Moreno – Marval, O’Farrell & Mairal; Santiago Ezequiel Eraso Lomaquiz – Marval, O’Farrell & Mairal; Sergio Tálamo – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: Banco Patagonia SA ; MercadoLibre, Inc.;