Rizobacter Argentina S.A. (“Rizobacter”), a subsidiary of Bioceres Crop Solutions Corp (NASDAQ: BIOX), issued Series X senior notes (the “Series X Notes” or the “Notes”), under its Global Note Program for the issuance of notes for up to a nominal value of USD 200,000,000 (or its equivalent in other currencies or in other units of value).
Rizobacter was advised by Nicholson y Cano Abogados, while the placement agents Banco de Galicia y Buenos Aires S.A.U., Banco Supervielle S.A., Banco Santander Argentina S.A., Allaria S.A., Banco Mariva S.A., PP Inversiones S.A., Invertironline S.A.U., Cocos Capital S.A., Max Capital S.A., Cohen S.A., Invertir en Bolsa S.A. and Banco de Servicios y Transacciones S.A., were advised by Pérez Alati, Grondona, Benites & Arntsen.
The Notes were issued on November 28, 2024 in two classes: (i) the Series X Class A Notes, for a nominal amount of USD 2,396,825 (U.S. Dollars two million, three hundred ninety-six thousand, eight hundred twenty-five) denominated in U.S. Dollars, to be integrated in ARS at the Initial Exchange Rate or with the Series VII Class B Notes or Series VIII Class A Notes, and payable in ARS at the Applicable Exchange Rate, at a fixed interest rate of 7.00% nominal per annum, maturing on November 28, 2026; and (ii) the Series X Class B Notes, for a nominal amount of USD 23,529,711 (U.S. Dollars twenty-three million, five hundred twenty-nine thousand, seven hundred eleven) denominated, to be subscribed, integrated and payable in U.S. Dollars, at a fixed interest rate of 8,00% nominal per annum, maturing on November 28, 2027.
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:
Nicholson y Cano Abogados: Partner Mario Kenny. Associates Juan Martín Ferreiro, Jesica Pabstleben and Teresa De Kemmeter.
In house counsel: Facundo Rodenas and Pablo Bonabello.
Legal advisors to Placement agents:
Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Nahuel Perez de Villarreal, Joaquín López Matheu and Juan Ignacio Rodriguez Goñi.