BGH’s $18.1 Million Syndicated Loan


Martínez de Hoz & Rueda advised in the transaction

BGH secured a $18.1 Million Syndicated loan from Banco Galicia y Buenos Aires, Banco Macro and BBVA Banco Francés.

BGH S.A. manufactures and supplies consumer products in Argentina. It operates through six divisions: Industrial, Wireless, Technology, Cellular, Central Air Conditioning, and Home. The Industrial division offers individual and centralized air conditioners, microwave ovens, and radio communications equipment for cell phones, as well as LCD, plasma, and conventional television sets; and services, including supplier development, engineering, national and international logistics, foreign trade, manufacturing, and post sales.

Martínez de Hoz & Rueda advised Banco Galicia y Buenos Aires, Banco Macro and BBVA Banco Francés with a team including José Martínez de Hoz (nieto) (Picture), Martín Lepiane and Valeria Celesti.

Involved fees earner: José Martínez de Hoz (n) – Martínez de Hoz & Rueda; Martín Lepiane – Martínez de Hoz & Rueda; Valeria Celesti – Martínez de Hoz & Rueda;

Law Firms: Martínez de Hoz & Rueda;

Clients: Banco de Galicia y Buenos Aires S.A.; Banco Macro S.A.; BBVA Banco Francés;

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Author: Ambrogio Visconti.