Cresud’s $73.6 Million Clase XXIV Notes Offering


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

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria executed its offering of $73.6 Million 9% Notes due 2020.

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

Zang, Bergel & Viñes advised Cresud with Carolina Zang (Picture) María Cecilia Pasman, Nicolás Falabella and Matías Gastaminza.

Perez Alati, Grondona, Benites & Arntsen advised the placing agents with Diego Serrano Redonnet, Nicolás Aberastury and Guido Meirovich.

Involved fees earner: Carolina Zang – Zang, Bergel & Viñes Abogados; Cecilia Pasman – Zang, Bergel & Viñes Abogados; Nicolás Falabella – Zang, Bergel & Viñes Abogados; Diego Serrano Redonnet – Pérez Alati, Grondona, Benites & Arntsen; Nicolás Aberastury – Pérez Alati, Grondona, Benites & Arntsen; Guido Meirovich – Pérez Alati, Grondona, Benites & Arntsen;

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

Clients: Industrial and Commercial Bank of China; Puente Hermanos S.A.; Banco Santander Río S.A.; Banco de Galicia y Buenos Aires S.A.; BACS Banco de Crédito y Securitización; Banco Hipotecario S.A.; Balanz Capital S.A. ; Cresud SACIF y A;

Author: Ambrogio Visconti.