RIZOBACTER ARGENTINA S.A. (“Rizobacter”), a leader in agricultural microbiology, carried out the issuance of Notes Series VI for a total amount of approximately US$ 16 million. under its Global Note Program for the issuance of notes for a nominal value of up to US $80,000,000.
Rizobacter was advised by Nicholson y Cano Abogados, while the placement agents Banco de Galicia y Buenos Aires S.A.U., Banco Santander Rio S.A, Banco Supervielle S.A. (which also acted as organizers), Cohen S.A, Allaria Ledesma & Cía. S.A., AR Partners S.A., Banco Mariva S.A. and Futuros del Sur S.A. were advised by Pérez Alati, Grondona, Benites & Arntsen.
The Notes were issued on September 7th, 2021 in two classes: (i) Class A for an amount of US$ 12,717,475, denominated in U.S. dollars, to be integrated and payable in Pesos, at a fixed interest rate of 3.75%, maturing on March 7, 2023; and (ii) Class B for an amount of US$ 3,428,224, denominated in U.S. dollars, to be integrated and payable in Pesos, at a fixed interest rate of 5.25% and maturing on September 7, 2024.
Rizobacter is a company established in 1977, and with over 40 years of market experience, is a world leader in biological soy products and Argentina’s main supplier of biological solutions for the agricultural industry, with a strong focus on crop nutrition and seed treatment solutions. It is a company that researches, develops and commercializes innovative solutions for the best crop growth in the world. Rizobacter operates in the research, development, production and marketing of its main product lines: Inoculants, Packs, Seed Cures, Coadjuvants and others.
Legal advisors to Rizobacter
In house counsel: Gloria Montaron Estrada, and Facundo Javier Rodenas .
Legal advisors to the Organizer and Placement agents.
Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Nicolás Aberastury, Adriana Tucci and Florencia Rancati