Province of Río Negro (the “Province”) has successfully issued notes “BONO RÍO NEGRO 2021 SERIE II” due on July 20, 2022 for an aggregate amount of AR$ 1.549.110.610, and accruing a floating interest rate equal to the Badlar rate plus a 8% margin, (the “Notes”), under the Province’s Program “Programa de Emisión de Títulos Públicos Provinciales 2021” within the aggregate amount of pesos five billion ($5.000.000.000) (the “Program”). Payments due under the Notes will be guaranteed by an assignment of the Province´s rights over the funds or any other payment under the Federal Tax Co-Participation Regime, or the one replacing it in the future. The issuance date of the Notes was on July 6, 2021.
Banco Patagonia S.A. acted as arranger and placement agent; Banco de Servicios y Transacciones S.A., Compañía Financiera Argentina S.A. and Banco Comafi S.A. acted as sub-placement agents.
Legal advisor of the principal arranger and placement agent and sub-placement agents:
Bruchou, Fernández Madero & Lombardi
Partner Perelsztein, Alejandro and associates Dorado, Lucila and Calderale, Delfina.
Other relevant transactions in which we participate
Other relevant transactions in which we participate
