Unicred Factoring VIII’s $8.7 Million Notes Offering


Marval, O’Farrell & Mairal acted as sole legal advisor on the transaction

Cooperativa de Crédito y Vivienda Unicred Ltda., acting as Administrator and Settlor and TMF TRUST Company (Argentina) S.A., as Trustee, securitized invoices, through the creation of Unicred Factoring VIII Financial Trust under the Global Program “Unicred Asset Backed Securities” and the issuance of securities for a total amount of Ar$ 135,000,000.

AdCap Securities Argentina S.A. acted as arranger and underwriter, Industrial Valores S.A. acted as underwriter and Invoinet S.A. as collection agent.

Marval, O’Farrell & Mairal acted as legal advisor of the transaction through a team including Roberto E. Silva, Jr. (Picture), Martín I. Lanús and Lucía Repetto.

Involved fees earner: Roberto Silva Jr. – Marval, O’Farrell & Mairal; Martín Lanús – Marval, O’Farrell & Mairal; Lucía Repetto – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: TMF Trust Company; AdCap Securities Argentina; Cooperativa de Crédito y Vivienda Unicred Limitada;

Avatar

Author: Ambrogio Visconti.