Cuotas Cencosud Serie XXI’s $13.9 Million Notes Offering

Pérez Alati, Grondona, Benites & Arntsen acted as legal counsel on the transaction

Cuotas Cencosud Serie XXI financial trust executed its offering of $13.9 million Classe A, B and C.

Cencosud S.A. acted as settlor on the transaction. TMF Trust Company (Argentina) S.A. acted as trustee. Banco de Galicia y Buenos Aires S.A.U, SBS Trading and Banco Patagonia S.A. acted as co-placing agents.

 Cencosud is one of the largest and most prestigious retail conglomerates in Latin America. The company’s five major business units are supermarkets, home improvements, department stores, shopping centers and financial services.

Pérez Alati, Grondona, Benites & Arntsen advised with a team including María Gabriela Grigioni (Picture), Nahuel Perez de Villarreal, Jerónimo Juan Argonz and Francisco Vignati Otamendi.

Involved fees earner: Jerónimo Juan Argonz – Pérez Alati, Grondona, Benites & Arntsen; María Gabriela Grigioni – Pérez Alati, Grondona, Benites & Arntsen; Nahuel Perez de Villarreal – Pérez Alati, Grondona, Benites & Arntsen; Francisco Vignati Otamendi – Pérez Alati, Grondona, Benites & Arntsen;

Law Firms: Pérez Alati, Grondona, Benites & Arntsen;

Clients: Banco de Galicia y Buenos Aires S.A.; Banco Patagonia SA ; Cencosud S.A.; SBS trade SA; TMF Trust Company;

Avatar

Author: Ambrogio Visconti