Beccar Varela advises on FCA Compañía Financiera notes issuance
August, 2017 - Buenos Aires, Argentina
Buenos Aires, August 7th, 2017. Beccar Varela advised FCA Compañía Financiera S.A. on the company’s Class XIII notes issuance, carried out on July 28th for a nominal value of up to $262.5 million. In this issuance, Banco de Galicia y Buenos Aires S.A. and Industrial and Commercial Bank of China (Argentina) S.A. acted both as organizers and placement agents.
The Class XIII Notes have a maturity of 24 months from their issue and settlement date, that is, August 1st, 2019, and will accrue interest at a variable rate.
FIX SCR S.A. has locally rated Class XIII Notes “AA (arg)”. These notes have been listed on Bolsas y Mercados Argentinos S.A. and have been admitted to trading on Mercado Abierto Electrónico S.A.
Deal counsel: Estudio Beccar Varela (partner Javier L. Magnasco, junior partner Luciana Denegri and associates María Victoria Pavani and María Eugenia Benitez).
