Business & Leadership

Marval, O'Farrell & Mairal Advises in the Constitution of the Financial Trust PvCred Series XXXIV

The Argentinian legal studio, Marval, O'Farrell & Mairal, recently participated in the issue of fiduciary securities corresponding to the Financial Trust PvCred Series XXXIV, within the framework of the Global Program of Trust Securities "Comafi Multiactivos", for a total amount of up to V/N ARS 173,000,000.

The Argentinian legal studio, Marval, O'Farrell & Mairal, recently participated in the issue of fiduciary securities corresponding to the Financial Trust PvCred Series XXXIV, within the framework of the Global Program of Trust Securities "Comafi Multiactivos", for a total amount of up to V/N ARS 173,000,000.


The issuance was made on September 29th and included Securities Representative Class "A" Debt Variable Rate ARS 130,126,000, Debt Securities Class "B" Variable Rate V/N ARS 29,378,000 and Certificates of Participation for V/N ARS 13,306,000.

 

PVCRED S.A. served as trustee and collection agent; Banco Comafi S.A. served as organizer, management agent, custodian agent and primary settler; TMF Trust Company (Argentina) S.A. served as trustee; Macro Securities SA and Comafi Bursátil SA served as underwriters.

 

The National Securities Commission authorized the public offering of these fiduciary values that will trade in Mercado Abierto Electrónico SA and will list in Argentine Stock Exchanges and Markets S.A.

 

Marval, O'Farrell & Mairal served as legal counsel on the transaction with the team led by partner Roberto E. Silva and assisted by its associates Martín Lanús and Matías Juan Paños.

 

 

C.G.L.

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