Marval O’Farrell Mairal acted as legal advisor in the issuance of the second series of “Voii” financial trust for an amount of ARS 1,230,000,000.
The transaction took place on May 29, 2023, and included the issuance of Senior Trust Debt Securities for a total of ARS 861,000,000; Trust Debt Class B Securities for a total of ARS 123,000,000; Trust Debt Class C Securities for a total of ARS 123,000,000; and certificates of participation for a total of ARS 123,000,000.
Banco Voii S.A. acted as arranger, placement agent, collection agent, and settlor; Asociación Mutual Unión Solidaria acted as settlor, collection agent, and administrator; TMF Trust Company (Argentina) SA as trustee and issuer; BACS Banco de Crédito y Securitización SA, Banco de Servicios y Transacciones SA, and Banco Mariva SA acted as placement agents; and Banco CMF SA as a co-placement agent.
This transaction was authorized for public offering by the Argentine Securities Commission and is listed in Bolsas y Mercados Argentinos SA and Mercado Abierto Electrónico SA.
The Senior Trust Debt Securities, Trust Debt Class B Securities, Trust Debt Class C Securities. and certificates of participation have been qualified by FIX SCR SA Risk Rating Agent as raAAA(sf), raAA(sf), raCCC(sf), and raC(sf) respectively.
Marval O’Farrell Mairal acted as legal advisor of the transaction through Partner Sergio Tálamo and Associate Lautaro Penza.
