Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria’s $59.5 Million Notes Offering


Zang, Bergel & Viñes and Perez Alati, Grondona, Benites & Arntsen advised on the offering.

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria executed its offering of $59.5 million 9% notes due 2021.

BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Río S.A., Industrial and Commercial Bank of China (Argentina) S.A., Banco de la Provincia de Buenos Aires, Banco Patagonia S.A., Industrial Valores S.A., SBS Trading S.A., Balanz Capital Valores S.A.U., Puente Hnos. S.A. and AR Partners S.A. acted as placing agents on the offering.

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries.

Zang, Bergel & Viñes advised Cresud with a team including Carolina Zang, Francisco M. Bereciartúa and Nicolás A. Falabella.

Perez Alati, Grondona, Benites & Arntsen advised the underwriters with a team including Diego Serrano Redonnet (picture), Guido Meirovich and Paula Balbi.

Involved fees earner: Paula Balbi – Pérez Alati, Grondona, Benites & Arntsen; Guido Meirovich – Pérez Alati, Grondona, Benites & Arntsen; Diego Serrano Redonnet – Pérez Alati, Grondona, Benites & Arntsen; Francisco Bereciartúa – Zang, Bergel & Viñes Abogados; Nicolás Falabella – Zang, Bergel & Viñes Abogados; Carolina Zang – Zang, Bergel & Viñes Abogados;

Law Firms: Pérez Alati, Grondona, Benites & Arntsen; Zang, Bergel & Viñes Abogados;

Clients: AR Partners ; BACS Banco de Crédito y Securitización; Balanz Capital S.A. ; Banco de Galicia y Buenos Aires S.A.; Banco de la Provincia de Buenos Aires; Banco Hipotecario S.A.; Banco Patagonia SA ; Banco Santander Río S.A.; Cresud SACIF y A; Industrial and Commercial Bank of China; Industrial Valores S.A.; Puente Hermanos S.A.; SBS Trade SA;

Author: Ambrogio Visconti.