Exhibition of electronic and technology products from the brands Haxly and Jackery in a room with white shelving, a portable solar panel, and various devices such as smartwatches, headphones, and portable batteries.
ARGENTINA

Latamly raised $3.2 billion in ON to grow in Latin America and add new brands

The Córdoba-based technology company will drive its regional expansion following a successful debt placement

Technology company Latamly completed a key placement in the local financial market. This involved the issuance of its Series I Negotiable Obligations (NO), totaling $3.2 billion. The transaction was issued under the automatic authorization regime of the CNV and received strong demand from the market.

The financial instrument far exceeded initial expectations by recording offers of more than $3.98 billion. This positive response marks a new step in the company's strategy to strengthen its financing structure. The company highlighted that the transaction was carried out efficiently and with low regulatory impact.

With this placement, Latamly moves forward in its objective to establish itself as a regional player in the development and commercialization of technology products. The issuance was structured with Banco Mariva, Banco Supervielle and BBVA Argentina, and legal advice was provided by TCA law firm. According to the company, the funds will be allocated to working capital, expansion of distribution lines, and new commercial agreements.

Man standing in a blue jacket speaking in front of a red background with a black and white geometric design and a green plant on the right
Luis Casanegra, president of Latamly Group | La Derecha Diario

Latamly consolidates itself as a regional player with financial backing

The issuance was carried out with a variable rate that combines the private Tamar plus a 6% margin, and a term of 24 months. These conditions reflect the market's confidence in the company's current situation and its outlook in Latin America. The company positions itself as a professional, transparent issuer focused on sustainable growth.

Latamly had already entered the world of NO in 2024, with an initial placement of U$S 2 million in Uruguay. Building on that experience, the company replicated and expanded its model to adapt it to the Argentine market. The evolution of its financial strategy allows it to strengthen international alliances and open new channels for technology distribution.

"This placement represents a key milestone in our financial presence in Argentina, validating our business model and receiving investors' support for our regional vision," said Luis Casanegra, president of Latamly. "Furthermore, this issuance strengthens our operational capacity and consolidates alliances with international companies seeking to expand in the region," he added.

➡️ Argentina

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