Cuotas Cencosud Serie V’s $11.7 Million Notes Offering


Pérez Alati, Grondona, Benites & Arntsen acted as legal counsel on the transaction

Cuotas Cencosud Serie V executed its offering of $11.7 Million Notes backed by Cencosud SA Credits.

TMF Trust Company (Argentina) S.A., acted as trustee and Banco de Galicia y Buenos Aires S.A.U and SBS Trading acted as placing agents on the offering.

Cencosud SA is a multi-brand retailer in South America. The company, led by Horst Paulmann Kemna, Andreas Gebhardt Strobel and Matias Videla, in 2017 recorded $15.4 Billiion Revenues.

Pérez Alati, Grondona, Benites & Arntsen advised with a team including María Gabriela Grigioni (Picture), Tomás Rago, Nahuel Perez de Villarreal and Bárbara Santori.

Involved fees earner: María Gabriela Grigioni – Pérez Alati, Grondona, Benites & Arntsen; Nahuel Perez de Villarreal – Pérez Alati, Grondona, Benites & Arntsen; Tomás Rago – Pérez Alati, Grondona, Benites & Arntsen; Bárbara Santori – Pérez Alati, Grondona, Benites & Arntsen;

Law Firms: Pérez Alati, Grondona, Benites & Arntsen;

Clients: Banco de Galicia y Buenos Aires S.A.; Cencosud S.A.; SBS Trade SA; TMF Trust Company;

Author: Ambrogio Visconti.