08 Mar 21 Cerolini & Ferrari advised Diesel Lange and Banco CMF in the creation of the global program for the issuance of trust securities «Diesel Lange»
Cerolini & Ferrari advised Diesel Lange S.R.L., as trustor, and Banco CMF, as trustee, in the creation and incorporation of the global program for the issuance of trust securities in financial trusts called «Diesel Lange» for up to a nominal value of US$ 20,000,000 (the «Program»).
In this context, on February 25, 2021, Diesel Lange and Banco CMF successfully completed the approval process of the Program before the Argentine Stock Exchange Commission (CNV), which means a new financing channel for Diesel Lange in the public offering area.
Diesel Lange, one of John Deere’s main official dealers in Argentina, is a company engaged in the sale of agricultural machinery and gardening and golf equipment, as well as in the sale of engines and spare parts and after-sales services for the machinery and equipment sold.
In-house counsel to Banco CMF: Miriam González and Cristian Ríos.
External legal advisors to Diesel Lange and Banco CMF
Cerolini & Ferrari
Partner Agustín L. Cerolini, and associates Martín Chindamo and Gastón Toncovich.