Marval O’Farrell Mairal Advised the Arrangers and Placement Agents in Aluar Aluminio Argentino S.A.I.C.’s Issuance

Marval O’Farrell Mairal advised the arrangers and placement agents in the issuance of dollar-linked non-convertible negotiable obligations of Aluar Aluminio Argentino S.A.I.C. for a total amount of USD 60 million, interest-free and due on July 30, 2023. The negotiable obligations are accepted for their listing and negotiation in Bolsas y Mercados Argentinos S.A. and Mercado Abierto Electrónico S.A.

Marval O’Farrell Mairal advised SBS Trading S.A. and Banco Santander Río S.A., which acted as arrangers and placement agents, and Macro Securities S.A., Banco de Galicia y Buenos Aires S.A.U., Industrial and Commercial Bank of China (Argentina) S.A., and Banco de la Provincia de Buenos Aires, which acted as placement agents. While Aluar Aluminio Argentino S.A.I.C. were advised by Bomchil.

Aluar Aluminio Argentino S.A.I.C. is an Argentine-owned company, leader in aluminum production, managed in accordance with the most demanding international standards of the industry, which is in a constant evolution. Since its beginnings, the company has tripled its aluminum production capacity of 140,000 tons due to a permanent investment plan, which currently allows it to fully supply the local market with 25 % of its production volume. The 75% left of its production volume is exported to different markets, including NAFTA countries, Latin America, and Asia.

Counsel list:

In-house Counsel to Aluar Aluminio Argentino S.A.I.C.: Alberto E. Martinez Costa, Mariel Rivadavia, and Mónica Rosa Filipponi.

Bomchil acted as legal counsel to Aluar Aluminio Argentino S.A.I.C., with partners Fermín Caride and María Victoria Funes, and associate Lucía Carro.

Marval O’Farrell Mairal acted as legal counsel to the arrangers and placement agents, with partner Gabriel G. Matarasso, and associates Sergio Tálamo and Jacqueline Berkenstadt.