Beccar Varela advises on Conci’s first notes issuance.
PRESS RELEASE
Buenos Aires, December 13th, 2022. On December 6th, Conci S.A. carried out its first Notes Issuance (Serie I Notes) under the PYME CNV Garantizadas regime (SME Guaranteed Regime), for a total nominal amount of US$898,499.
Series I Notes will mature on December 6th, 2025, will not accrue interest, and will amortize its principal in three payments structured as follows: the first payment at 21 months and the second payment at 33 months, both equivalent to 40% of the nominal value, and the third payment at 36 months, equivalent to 20% of the nominal value. The Notes are guaranteed by Banco Supervielle S.A. and Banco Comafi S.A.
The Series I Notes were admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading at the Mercado Abierto Electrónico S.A.
In this issuance, Banco Supervielle S.A. and Banco Comafi S.A. acted as organizers, placement agents, and guarantee entities, while Supervielle Agente de Negociación S.A.U, Comafi Bursátil S.A., and Mediterránea Valores y Acciones S.A. acted as placement agents. All parties were advised by Beccar Varela (team led by Luciana Denegri, assisted by Julián Ojeda, Tomás Cappellini, and María Belén Tschudy).