The issuance of this negotiable obligation represents a strategic step for River Plate in the diversification of its financing sources, allowing it to advance with its ambitious infrastructure investment plan.
River Plate Continue to explore innovative financing alternatives to sustain your infrastructure investment plan. In this framework, the club will launch a Negotiable obligation (ON) guaranteed, whose dissemination period begins on February 20. The funds obtained will be destined to the construction of the new Casa River in the Cantilo Formative Soccer site.
The Negotiable Obligations (ON) They are debt instruments that allow the issuance of obtaining investor financing in exchange for the payment of interest and capital in established deadlines. This mechanism provides flexibility to holders, since they can buy and sell these titles in the capital market.
The River Treasurer, Andrés BallottaHe stressed that the economic solidity of the club allows access to financing tools with competitive rates. “On this occasion, we will use a social ON, a specific instrument for social impact projects, destined exclusively to the construction of the new River house. This space will house more than 80 young people from all over the country, offering accommodation, education and sports training “He said.
Among the organizers and plates of the operation appear BBVA, Banco Supervielle, IEB+, Banco CMF, Bank of Securities, Banco Comafi, Latin Securities and Allaria.
A diversified financing model
The launch of this ON allows River to diversify its sources of financing beyond traditional loans, expanding its investor base. The issuance is part of the social regime, given the fate of the funds, and has a BS2+ qualification granted by UNTREF ACR UP.
He Minimum subscription amount will be 10,000 pesoswith the possibility of investing higher amounts in whole multiples of one weight.
Gallardo River.jpg
@RiverPlate
The new River house in Cantilo
The project contemplates the construction of a 5,000 square meter building within the formative football property. In addition to residential facilities, it will have kinesiology rooms, gyms, changing rooms and an educational area linked to the Riverdar program.
Casa River will accommodate young people between 11 and 18, many of them from vulnerable contexts. In addition to sports training, they will receive educational scholarships and health coverage, with a team of tutors available 24 hours.
ON CHARACTERISTICS
- Warranty: The ON will be backed by guarantee certificates.
- Term and amortization: The ON will have a 24 -month maturity, with amortization in four semiannual installments from the date of broadcast.
With this initiative, River seeks to strengthen its training infrastructure, ensuring adequate conditions for the integral development of young talents of Argentine football.
Source: Ambito
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