Press Releases

Buenos Aires, 13 November 2023. On November 9th, Beccar Varela promotedDr. María Eduarda Nocetito the partner category, both in recognition of her talent and the great contribution she has made to the firm throughout her career. With this appointment, Beccar Varela strengthens itsLabor & Social Security Law department, currently led by partner Álvaro J. Galli.Managing partner Horacio E ...

Buenos Aires, November 2nd, 2023. On October 11th,Special Grains S.A.andPetroagro S.A.(the “Co-Issuers”) conducted their third co-issuance of notes. Class III Notes are simple, non-convertible into shares, denominated in U.S. Dollars but integrated and payable in Argentine Pesos (in Argentina), for a total nominal amount of US$8,828,150. The Notes were issued under the Companies’ Global Program of up to US$35,000,000 ...

On November 2nd, 2023, the Pro Bono Committee of the International Bar Association (“IBA”) recognizedMaría Fernanda Mierez, partner at Beccar Varela, with theIBA Pro Bono Lawyer 2023award at the Section on Public and Professional Interest Breakfast, which took place during the association’s most important event, the IBA Annual Conference, this time celebrated in Paris from October 29th to November 3rd, 2023 ...

Buenos Aires, October 26th, 2023. On October 6th, the Don Mario Group (GDM) acquired the Argentine subsidiary of Brazilian company Biotrigo Genética, a leader in wheat cultivation in Latin America. The operation is subject to the approval of the National Commission of Competition Defense of Argentina (CNDC).With the incorporation of Biotrigo, GDM will increase its investment in plant genetics research and development programs ...

Buenos Aires, September 21st, 2023. It is with great sadness that Beccar Varela announces the passing of its beloved former partner and former president of the Executive Committee, Horacio Beccar Varela, father of the current managing partner, on September 14th, in the city of Escobar. Horacio obtained his Law degree from Universidad de Buenos Aires in 1953. He was one of the first Argentines to obtain an LLM from Harvard University, in 1958 ...

Buenos Aires, 19 September 2023. On September 12th, PRO MUJER Servicios Financieros S.A. carried out a new issuance of social bonds with focus on gender perspective under the Simplified and Guaranteed Regime for issuances with Social Impact. The PRO MUJER Series II Notes, maturing on September 12th, 2024, were issued for a nominal amount of AR$370,000,000, and will accrue interest at a floating rate equivalent to Private Badlar Rate plus a 2.50% nominal annual margin ...

Buenos Aires, 15 September 2023. On September 8th, Silo Chico S.A. issued its first Notes under the SME Simplified and Guaranteed Regime of the Argentine Securities and Exchange Commission (CNV, for its acronym in Spanish). Silo Chico Series I Notes, denominated in US Dollars, to be integrated and payable in Pesos in Argentina, were issued for a total nominal amount of US$3,000,000 and will accrue interest at an annual fixed rate of 2.0% ...

Buenos Aires, 15 September 2023. On September 13th, the NGO Sumatoria para una Nueva Economía (Sumatoria) carried out its fourth notes issuance, whose funds are aimed at financing thirteen projects and ventures with social, green, and sustainable impact in areas such as financial inclusion, agroecology, organic and healthy eating, conservation and regeneration, socio-urban infrastructure, social economy, circular economy, and impact organizations and companies ...

Buenos Aires, 7 September 2023. Banco Macro S.A. ("Banco Macro") announced that on August 23rd, 2023, it entered into a stock purchase agreement with Itaú Unibanco Holding S.A., through its affiliates Itaú Unibanco S.A., Banco Itaú BBA S.A. and Itaú Consultoria de Valores Mobiliários e Participaçoes S.A ...

Buenos Aires, 17 August 2023. On August 11th, 2023, Grupo Sura (Suramericana), of Colombian origin, transferred its insurance business in Argentina —Seguros Sura S.A.— to Sudamericana Holding, Galicia Seguros’ controller company. The deal value is US$19 million and includes almost 800,000 customers, 13 branches, and 500 employees. Transactions of this scale are rare in Argentina’s current insurance industry ...

Buenos Aires, August 16th, 2023. On August 11th, Vista Energy Argentina S.A.U. successfully issued Class XXI Notes – simple, non-convertible into shares, denominated in U.S. Dollars- for a total nominal amount of $70,000,000. These Notes will be paid in Argentine Pesos at the Initial Exchange Rate and payable in Pesos at the Applicable Exchange Rate. The issuance was carried out under the company’s Global Program of up to US$800,000,000 ...

Buenos Aires, 8 August 2023. On July 27th, 2023, Tarjeta Naranja S.A.U. issued class LIX Notes — simple, non-convertible into shares, unguaranteed—, for a total nominal amount of AR$ 12,072,087,376. The issuance was carried out under the Argentine Securities and Exchange Commission Frequent Issuer Regime, established in Section VIII, Chapter V, Title II of this entity’s regulations ...

Buenos Aires, July 10th, 2023. On June 30th, Agrofina S.A. issued Class XII Notes — simple, non-convertible into shares, denominated in U.S. Dollars—, to be integrated with either cash in Argentine Pesos or promissory notes, and payable in Argentine Pesos. The issuance was made under the company’s Global Program of up to US$80,000,000 ...

Buenos Aires, July 10th, 2023. On June 22nd, Metalfor S.A. issued the PYME CNV Series I Notes. The issuance was carried out under the global program for the issuance of simple notes, non-convertible into shares, with a nominal value in circulation of up to US$19,844,444 (or its equivalent in other currencies, measurement units, and/or units of value), under the SMEs regime (the PYME CNV regime). These Notes will mature on June 22nd, 2025 ...

Buenos Aires, July 10th, 2023. On June 28th, 2023, Agropecuaria las Marías S.A. conducted its first notes issuance under the PYME CNV Garantizada Regime (SME Guaranteed Regime). Series I Notes were issued with a total nominal value of US$2,572,970, with a maturity date of June 28th, 2026, and will not accrue interest. Furthermore, they were subscribed by investors at a price of 108.50% of their nominal value ...

Buenos Aires, July 3rd, 2023. On June 6th, TR Argentina S.A. (“Trasa”) carried out the first bond issuance of a social bond placed by a B Corporation in Argentina. Series I Bonds (the “Notes”), with a maturity date of December 6th, 2024, were issued for a nominal value of AR$30,000,000 and will accrue interest at a variable interest rate equivalent to Badlar private rate ...

Buenos Aires, June 9th, 2023. On June 5th, Vista Energy Argentina S.A.U. successfully issued Series XX Notes — simple, non-convertible into shares, denominated and payable in U.S. Dollars— for a total nominal amount of US$13,500,000. The issuance was carried out under the company’s Global Program of up to US$800,000,000. Series XX Notes, maturing on July 20th, 2025, will accrue interest at a nominal annual fixed rate, equivalent to 4 ...

Buenos Aires, June 5th, 2023. On May 29th, Vista Energy Argentina S.A.U. successfully issued Additional Class XVI Notes —simple, non-convertible into shares, denominated in U.S. Dollars and payable in Pesos—, for a total nominal amount of US$40,785,237, which were paid for thorough the tender of Vista’s Class VII Notes (issued on March 10th, 2021). The issuance was carried out under the company’s Global Program of up to US$800,000,000 ...

Buenos Aires, May 29th, 2023. On April 20th, Promedon S.A. issued its first Notes Issuance (Series I Notes) under the PYME CNV Garantizadas regime (SME Guaranteed Regime). Series I-Class II Notes, issued for a total nominal amount of US$3,714,491, will mature on April 20th, 2026, and will not accrue interest ...

Buenos Aires, May 29th, 2023. On May 5th, the Co-issuers Special Grains S.A. and Petroagro S.A. conducted their second co-issuance of notes; Class II Notes —simple, non-convertible into shares, unguaranteed—, were denominated in U.S. Dollars but integrated —and payable— in Argentine Pesos, for a total nominal amount of US$7,841,511 ...

Beccar Varela was recognized with the Law Firm of the Year – Argentina award by the renowned publication IFLR, on May 18th, at the IFLR Americas Awards 2023 ceremony, held at the Metropolitan Club in New York. The National Law Firms of the Year awards honor law firms from multiple countries involved in major and innovative cross-border transactions over the past year. Furthermore, they take into account the work achieved by the awarded firms across all the considered categories ...

Beccar Varela’s Public Affairs Department is organizing a meeting to bring together professionals from various countries to address the challenges that companies currently face in public affairs and government relations. It will take place at Beccar Varela’s head office on Thursday, June 1st, and Friday, June 2nd; registration is free, and places are limited ...

Buenos Aires, 9 May 2023. Today, Beccar Varela announced its revamped market-leading ESG* department, to continue to provide their clients with interdisciplinary legal advice on environmental, social and corporate governance strategies. Partners María Fernanda Mierez and Manuel Frávega will lead the team ...

On April 27th, 2023, Tarjeta Naranja S.A.U. (“Tarjeta Naranja”) issued Class LVIII Notes, simple, non-convertible into shares, unguaranteed, for a total nominal amount of AR$12.214.677.693 (“Class LVIII Notes”). Class LVIII Notes, maturing on April 27th, 2024, will accrue interest at a floating rate equivalent to Badlar private rate plus a 5% cut-off margin, and will amortize its principal in one payment on the maturing date. On April 21st, 2023, FIX SCR S.A ...

Buenos Aires, 2 May 2023. Last April, Laboratorios Poen S.A.U. (“Poen”) and Grupo Dromex signed an agreement through which Poen acquired Dromex Biotech S.A. This acquisition will allow Poen to expand its installed capability by incorporating the new plant located in the Ezeiza industrial park and improve the working capacity of its teams, complying with the highest production standards and with the demands of the national and international health authorities ...