Compañía Financiera Argentina S.A.’s $30.4 Million Notes Offering


Beccar Varela advised on the transaction

Compañía Financiera Argentina S.A. finalized the offering agregated total ammount of $30.4 Million Notes. Banco de Galicia y Buenos Aires S.A. and Industrial and Commercial Bank of China (Argentina) S.A. acted as underwriters on the transaction.

Compañía Financiera Argentina S.A. provides a range of financial services in Argentina. The company, led by Sergio Grinenco and Mariano López Gaffney, offers saving accounts; personal loans; special loans for pensioners; credit and cash cards; and health, ATM and cell phone theft, purchase, personal accident, home, and unemployment insurance, as well as integral plan and employee assistance products.

Beccar Varela acted as legal counsel with a team including Javier Magnasco (Picture), Luciana Denegri and José María Krasñansky.

Involved fees earner: Luciana Denegri – Estudio Beccar Varela; Javier Magnasco – Estudio Beccar Varela; Jose Maria Krasñansky – Estudio Beccar Varela;

Law Firms: Estudio Beccar Varela;

Clients: Industrial and Commercial Bank of China; Banco de Galicia y Buenos Aires S.A.; Compañía Financiera Argentina S.A.;

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Author: Ambrogio Visconti.