Laboratorios Richmond’s $70 Million Fund to Finance the Research on Vaccine

Nicholson y Cano advised on the transaction

Laboratorios Richmond established a financial trust to finance a $70 million project to build a plant for making biotech products, including the Sputnik V COVID-19 vaccine in Argentina.

The green, social and sustainability trust will be sold to institutional investors

Banco de Valores will act as the financial trustee of the instrument.

Nicholson y Cano advised Laboratorios Richmond on the transacction with a team including Mario Kenny (Picture) and Juan Martín Ferreiro.

Involved fees earner: Juan Martín Ferreiro – Nicholson & Cano Abogados; Mario Kenny – Nicholson & Cano Abogados;

Law Firms: Nicholson & Cano Abogados;

Clients: Laboratorios Richmond S.A.C.I.F.;

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