Fideicomiso Financiero CentroCard’s $6.1 Million Notes Offering


Marval, O’Farrell & Mairal advised on the transaction

Fideicomiso Financiero CentroCard finalized the offering of $6.1Million notes backed by CentroCard S.A. consumer credits.

BACS Banco de Crédito y Securitización S.A. and Banco Mariva S.A. acted as underwriters. TMF Trust Company (Argentina) S.A. acted as trustee.

Centro Card S.A. provides various financial solutions in Argentina. It offers CentroCard, a regional card through branches in La Rioja and six other locations, as well as 3,500 trades.

The company led by Lucas P. Confalonieri was founded in 2003 and is based in Catamarca.

Marval, O’Farrell & Mairal advised with Roberto E. Silva (h) (Picture), Martín I. Lanús and Matías Juan Paños

Involved fees earner: Roberto Silva (h) – Marval, O’Farrell & Mairal; Martín Lanús – Marval, O’Farrell & Mairal; Matías Juan Paños – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: TMF Trust Company; Banco Mariva S.A.; Bacs Banco de Crédito y Securitización S.A.; Centro Card S.A.;

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Author: Ambrogio Visconti.