The working table, which includes participants from the public and private sectors, has been interacting for a year and a half in order to generate this type of emissions and to “identify barriers and obstacles that hinder the financial inclusion of new actors related to the economy socio-productive”, it was specified.
“The interest of investors in this type of impact bonds is demonstrated by each new offer that is launched on the market”said the director of NVCwho added that it is necessary to find a way for these emissions to scale in quantity and diversity.
The last week, the civil association Sumatoria managed to successfully place a new bond, this time with the particularity of being sustainable and with a gender perspective. It is a new milestone for the capital market and a sign of commitment on the part of all the participants involved.
The Negotiable Obligations II were issued in two series, under the PYME CNV Guaranteed regime.for a total nominal value of $60 million pesos and received offers for an amount higher than the one offered.
Series I was issued for a nominal value of $5,100,000, accruing interest at a fixed annual nominal rate equivalent to 40%. For its part, Series II was issued for a nominal value of $54,900,000, and will accrue interest at a variable rate, which will be equivalent to the Badlar Rate + 0%, that is, at a passive reference rate.
Banco Comafi SA and Banco de Galicia y Buenos Aires SAU participated in the issuance process as organizers, underwriters and guarantee entities registered with the CNV. The parties involved were advised by the Beccar Varela Law Firm team.
Source: Ambito
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