{"id":46228,"date":"2024-12-16T09:14:10","date_gmt":"2024-12-16T09:14:10","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=46228"},"modified":"2024-12-16T09:14:57","modified_gmt":"2024-12-16T09:14:57","slug":"beccar-varela-advises-fca-compania-financiera-on-the-issuance-of-class-xx-notes","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/beccar-varela-advises-fca-compania-financiera-on-the-issuance-of-class-xx-notes\/","title":{"rendered":"Beccar Varela advises FCA Compa\u00f1\u00eda Financiera  on the issuance of Class XX Notes"},"content":{"rendered":"<p><strong>Beccar Varela advised FCA Compa\u00f1\u00eda Financiera S.A. on the issuance of Class XX Notes in two series:<\/strong> <!--more-->Class XX Series I Notes (the \u201cSeries I Notes\u201d) and Class XX Series II Notes (the \u201cSeries II Notes\u201d and, together with the Series I Notes, the \u201cNotes\u201d or the \u201cClass XX Notes\u201d), issued under its global short, medium, and\/or long-term notes program for a nominal value of US$100,000,000 (or its equivalent in other currencies, monetary units, or units of measure or value).<\/p>\n<p>The Series I Notes, denominated in Pesos, were issued on November 29, 2024, for a nominal value of UVAs 6,540,000, equivalent to AR$8,233,140,600. The maturity date is May 29, 2027, with an annual nominal fixed interest rate of 8.84%.<\/p>\n<p>The Series II Notes, also denominated in Pesos, were issued on the same date for a nominal value of AR$7,500,000,000. The maturity date is May 29, 2027, with an annual nominal fixed interest rate of 33.60%.<\/p>\n<p>The Notes were locally rated \u201cAA(arg)\u201d by FIX SCR S.A. (a risk rating agency) in a report issued on November 27, 2024.<\/p>\n<p>The Notes have been admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading on Mercado Abierto Electr\u00f3nico S.A.<\/p>\n<p>FCA Compa\u00f1\u00eda Financiera S.A. acted as the issuer, while Banco BBVA Argentina S.A. and Banco de Galicia y Buenos Aires S.A. acted as organizers and placement agents. Additionally, Banco Comafi S.A., Banco Patagonia S.A., and Banco Santander Argentina S.A. participated as placement agents.<\/p>\n<p><strong>All parties were advised by Beccar Varela<\/strong>. Team led by partner Luciana Denegri, supported by Mar\u00eda Victoria Pavani, Juli\u00e1n Alejandro Ojeda, Martina Puntillo, and Carlos Nicol\u00e1s Sa\u00fal Lucero.\u00b7<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-46228","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/46228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=46228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}