17 02 2016

Smurfit Kappa Argentina S.A. secures $10.96 Million syndicated loan

Cerolini & Ferrari Abogados and Marval, O'Farrell & Mairal have advised on the deal.


Smurfit Kappa de Argentina, S.A. subsidiary of Smurfit Kappa Group plc. Smurfit Kappa Group PLC manufactures containerboards, solid boards, graphic boards, corrugated and solid board packaging products. The company, led by Anthony Smurfit, Ian James Curley, Kenneth Bowles, Michael O'Riordan and  Seamus Murphy, is based in Dublin. The proceeds will be used by Smurfit to finance working capital in the context of its activity in the manufacturing sector of paper and cardboard.
Cerolini & Ferrari Abogados, has advised Smurfit with a team led by Agustín L. Cerolini and including Gonzalo Morenate and Agustín Vazquez Cerro. Marval, O'Farrell & Mairal has advised Banco de Galicia y Buenos Aires S.A., as administrative agent, arranger and lender, Banco Itaú Argentina S.A., as arranger and lender, and Industrial and Commercial Bank of China (Argentina) S.A. and Banco de la Ciudad de Buenos Aires, as lenders, with a team led by Juan M. Diehl Moreno (Picture) and including Manuela Lava, Nicolás Biggio and Micaela Varas Bleuer.

  Involved fees earner: Agustín Cerolini - Cerolini & Ferrari Abogados; Gonzalo Morenate - Cerolini & Ferrari Abogados; Agustín Vazquez Cerro - Cerolini & Ferrari Abogados; Juan Diehl Moreno - Marval, O'Farrell & Mairal; Maria Manuela Lava - Marval, O'Farrell & Mairal; Nicolás Enrique Biggio - Marval, O'Farrell & Mairal; Micaela Alicia Varas Bleuer - Marval, O'Farrell & Mairal;

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