Presto Hoy II’s $4.98 Million Securitization


Tavarone, Rovelli, Salim & Miani advised on the transaction

Presto Hoy II financial trust executed the offering of $4.8 Million notes backed to Wenance S.A. credits.

Wenance is an Argentinian Fintech focused in consumer lending.

AdCap Securities Argentina S.A., acted as arranger and TMF Trust Company (Argentina) S.A. acted as trustee on the offering.

Tavarone, Rovelli, Salim & Miani acted as deal counsel with a team led by Marcelo R. Tavarone (Picture) and including Matías D. Otero, Juan Pablo Del Compare, Nicolás Lupinucci and Martina Ortiz.

Involved fees earner: Marcelo Tavarone – Tavarone, Rovelli, Salim & Miani; Matías Otero – Tavarone, Rovelli, Salim & Miani; Juan Pablo Del Compare – Tavarone, Rovelli, Salim & Miani; Nicolás Lupinucci – Tavarone, Rovelli, Salim & Miani; María Martina Ortiz – Tavarone, Rovelli, Salim & Miani;

Law Firms: Tavarone, Rovelli, Salim & Miani;

Clients: AdCap Securities Argentina; Wenance S.A.;

Author: Ambrogio Visconti.