CCF Créditos Serie 24’s $7.36 Million Notes Offering

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

CCF Créditos Serie 24 executed its offering of $7.36 million notes backed by Cordial Compañía Financiera credits.

Cordial Compañía Financiera S. A. acted as settlor on the offering; Banco Supervielle S. A. acted as lead manager; TMF Trust Company (Argentina) S. A. acted as trustee and Banco Comafi S. A., SBS Trading S. A., Banco de Galicia y Buenos Aires S. A. U. acted as co-placing agents on the offering.

Cordial Compania Financiera is a subsidiary of Banco Supervielle. It provides financing services in Argentina. The company offers products, such as credit cards under the brand MasterCard Walmart and Carta MasterCard; and personal loans and insurance products. It offers financial solutions through 20 branches.

Marval O’Farrell Mairal acted as legal counsel on the trasaction with a team including Roberto E. Silva (h) (Picture),  Martín I. Lanús and Cecilia Ramos.

Involved fees earner: Martín Lanús – Marval, O’Farrell & Mairal; Cecilia Veronica Ramos – Marval, O’Farrell & Mairal; Roberto Silva (h) – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: Banco Comafi S.A.; Banco de Galicia y Buenos Aires S.A.; Cordial Compañía Financiera S.A.; SBS trade SA; TMF Trust Company;