M&A - Macro Bank Inc.
Form Type: 20-F
Filing Date: 2025-04-21
Corporate Action: Merger
Type: Update
Accession Number: 000119312525087225
Filing Summary: Macro Bank Inc. is involved in a merger with Banco BMA SAU, a pivotal corporate action highlighted in the filing. The document discusses various financial instruments and corporate bonds issued as part of this strategic merger, including Class F corporate bonds worth USD 53 million and interest details for these financial products. The bank's activities involve significant contributions to its subsidiaries, including Macro Fiducia SAU, with a focus on compliance with regulations surrounding these activities. Furthermore, the report addresses adjustments in capital stock and paid-in capital resulting from the merger, along with the support of risk funds for guarantees granted to partners. The filing indicates contributions to the risk fund for tax benefits and collaterals securing loan transactions. Notably, the document outlines interest payments and redemption options for various issued bonds, showing comprehensive financial insights into the bank's status post-merger.
Additional details:
Interest Acquired May 2023: true
Interest Acquired November 2023: true
Merger With: Banco BMA SAU
Class F Bonds Face Value: 53,000,000
Class F Bonds Fixed Rate: 5%
Class E Bonds Face Value: 17,000,000
Class E Bonds Fixed Rate: 1.45%
Subordinated Bonds Face Value: 400,000,000
Subordinated Bonds Fixed Rate: 6.750%
Risk Fund Related Entities: Fintech SGR, Alianza SGR, Innova SGR
Risk Fund Objective: cover guarantees granted to the protector partners and third parties
Corporate Bonds Program Approval Date: 2008-04-30
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