Nicholson y Cano advised Sion S.A. on the deal.
Sion S.A., a leading Internet service provider, issued a new issue of Negotiable Bonds under the “PYME CNV” regime of negotiable bonds, Series VII Class A, for a total of 100 million pesos maturing on September 7, 2024, and Class B Negotiable Bonds for the same amount, maturing on September 7, 2026.
Banco de Valores S.A., Stonex Securities S.A. and Banco Supervielle S.A. participated in the transaction as underwriters, and Universidad Nacional de Tres de Febrero, as rating agent for the Series VII Notes and the Bono Social.
The Series VII Notes are the first under the PYME CNV to be listed on the Panel Social Verde y Sustentable de Bolsas y Mercados Argentinos S.A. (“PSVS” and “ByMA”).
The Nicholson y Cano’s team included partner Mario Kenny (Picture) and associate Juan Martín Ferreiro.
Law Firms: Nicholson & Cano Abogados;