Banco Supervielle ARS4.8 billion floating rate notes issue

Overview:

• Banco Supervielle has issued ARS4.8 billion floating rate notes due August 2020 in the international capital markets.
• Credit Suisse Securities and Santander Investments Securities acted as initial purchasers.
• This issue was part of Banco Supervielle's $800 million global notes program. 
• The notes were also listed on the Mercado de Valores de Buenos Aires. 
• Moody's assigned the notes a B3 rating.
• In May 2016, Grupo Supervielle, Banco Supervielle's parent company, made headlines when it went public in the first Argentine IPO since 2014.

Rani Mehta - Journalist