Cuotas Cencosud Serie XVIII’s $13.8 Million Notes Offering

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

Cuotas Cencosud Serie XVIII executed its offering of its $13.8 million Serie A, B and C notes.

Cencosud S.A., acted as settlor on the transaction TMF Trust Company (Argentina) S.A., acted as trustee, Banco de Galicia y Buenos Aires S.A.U acted as lead manager and placing agent SBS Trading and Banco Patagonia S.A. acted as co-placing agents.

Cencosud SA is a multi-brand retailer in South America.

Pérez Alati, Grondona, Benites & Arntsen advised with a team including María Gabriela Grigioni (Picture),Nahuel Perez de Villarreal, Francisco Vignati Otamendi and Jerónimo Juan Argonz.

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

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

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

Author: Ambrogio Visconti