Special Grains and Petroagro’s $8,4 Million Notes Offering

Beccar Varela advised on the offering.

Special Grains S.A. and Petroagro S.A. carried out their first notes’ co-issuance (the “Class I Notes”), simple, non-convertible into shares, unguaranteed denominated in US Dollars, to be integrated and payable in Pesos, for a total nominal amount of US$8,431,489. The co-issuance was made under the Companies’ Global Program of up to US$20,000,000.

SBS Capital S.A. acted as organizer, and Banco de la Provincia de Buenos Aires, Banco de Servicios y Transacciones S.A. and SBS Trading S.A. acted as placement agents.

Petroagro is an agriculture company specializing in the producion of specialities and organic products, oil and expeller, meat production and export with more than 30 years of experience in the area.

Special Grains is an Argentine company that exports agricultural specialties. Special Grains’ main business is production, processing, strage and exporting of special crops
such as ecologic and NON-GMO with Preserved Identity, both for human and animal food.

All parties involved turned to Beccar Varela’s team, led by Luciana Denegri (Picture), also comprised of associates María Victoria Pavani, María Inés Cappelletti, Julián Ojeda, Tomás Cappellini and María Belén Tschudy. 

Involved fees earner: María Inés Cappelletti – Beccar Varela; Luciana Denegri – Beccar Varela; Julián Ojeda – Beccar Varela; Maria Victoria Pavani – Beccar Varela;

Law Firms: Beccar Varela;

Clients: Banco de la Provincia de Buenos Aires; Banco de Servicios y Transacciones S.A.; Petroagro SA; SBS Capital S.A.; SBS Trade SA; Special Grains;