Red Mutual 54’s $3.4 Million Notes Offering


Marval, O’Farrell & Mairal acted as legal counsel on the transaction

Red Mutual 54 financial trust executed its offering of $3.4 million notes on Buenos Aires Stock Exchange.

Asociación Mutual Unión Solidaria acted as settlor, TMF Trust Company (Argentina) SA acted as trustee, Banco Voii SA and BACS Banco de Crédito y Securitización acted as led managers and placing agents, Banco de Servicios y Transacciones SA and Banco Mariva SA acted as placing agents.

Marval, O’Farrell & Mairal advised Asociación Mutual Unión Solidaria, Banco Voii SA, BACS Banco de Crédito y Securitización SA, Banco Hipotecario SA, Banco Mariva SA with Santiago Carregal (Picture), Sergio Tálamo and Jacqueline Berkenstadt.

The Firm also advised TMF Trust Company (Argentina) SA, with Roberto E. Silva (h.) and Martín I. Lanús.

Involved fees earner: Jacqueline Berkenstadt – Marval, O’Farrell & Mairal; Santiago Carregal – Marval, O’Farrell & Mairal; Martín Lanús – Marval, O’Farrell & Mairal; Roberto Silva (h) – Marval, O’Farrell & Mairal; Sergio Tálamo – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: Asociación Mutual Unión Solidaria; BACS Banco de Crédito y Securitización; Banco Hipotecario S.A.; Banco Mariva S.A.; Banco Voii S.A.; TMF Trust Company;