Rizobacter Argentina’s $26 Million Notes Offering

Nicholson y Cano advised Rizobacter Argentina, while Pérez Alati, Grondona, Benites & Arntsen advised the placement agents on the offering.

Rizobacter Argentina S.A. (“Rizobacter”) completed a $26.0 million public offering of Series V corporate bonds in the Argentine market. The bonds were issued in two tranches: Class A: $5.2 million with maturity in March 2022 and an annual nominal interest rate of 0.98%; and Class B: $20. 8 million with maturity in March 2024 and an annual nominal interest rate of 5.5%.

Banco de Galicia y Buenos Aires S.A.U., Banco  Supervielle S.A., Banco Santander Río S.A., Allaria Ledesma & Cía. S.A., AR Partners S.A., Cohen S.A and Banco Mariva S.A. acted as placement agents for the offering.

Proceeds will be used to support working capital, extend debt maturities, and reduce financing costs, as well as for general corporate purposes.

Rizobacter Argentina S.A is a subsidiary of Bioceres Crop Solutions Corp. Bioceres Crop Solutions Corp. (NYSE American: BIOX) is a fully integrated global provider of crop productivity technologies designed to enable the transition of agriculture towards carbon neutrality. To do this, Bioceres’ solutions create economic incentives for farmers and other stakeholders to adopt environmentally friendlier production practices. 

Nicholson y Cano Abogados team advising Rizobacter Argentina included partner Mario Kenny (Picture) and associate Juan Martín Ferreiro.

The inhouse team included Gloria Montaron Estrada, Facundo Javier Rodenas and Lucila Escriña.

Pérez Alati, Grondona, Benites & Arntsen team included partner Diego Serrano Redonnet and associate Nicolás Aberastury, Guido Meirovich, Paula Balbi, and Pablo Vidal Raffo.

Involved fees earner: Juan Martín Ferreiro – Nicholson & Cano Abogados; Mario Kenny – Nicholson & Cano Abogados; Nicolás Aberastury – Pérez Alati, Grondona, Benites & Arntsen; Paula Balbi – Pérez Alati, Grondona, Benites & Arntsen; Guido Meirovich – Pérez Alati, Grondona, Benites & Arntsen; Diego Serrano Redonnet – Pérez Alati, Grondona, Benites & Arntsen; Pablo Vidal Raffo – Pérez Alati, Grondona, Benites & Arntsen;

Law Firms: Nicholson & Cano Abogados; Pérez Alati, Grondona, Benites & Arntsen;

Clients: Allaria Ledesma & Cia SA; AR Partners ; Banco de Galicia y Buenos Aires S.A.; Banco Mariva S.A.; Banco Santander Sa; Banco Supervielle S.A. ; Cohen S.A. ; Rizobacter Argentina SA;

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