River Plate successfully announced the issuance of a Negotiable Obligation for $23 billion, double the initially planned amount. In this process, organizing banks such as Banco Supervielle, Banco CMF, BBVA, Banco de Valores, and Banco Comafi participated. Additionally, Latin Securities, Invertir Online, and Allaria joined the process.
The Negotiable Obligations will have a maturity period of 24 months and will be amortizable in four semi-annual installments after the issuance date. This financing will allow River Plate to carry out the construction of a new facility at the Cantilo Training Football complex, which will include a 5,000 square meter building and various areas such as physiotherapy, gyms, changing rooms, and an educational space called RiverDAR.
Casa River hosts around 80 children and young people aged between 11 and 18, mostly from disadvantaged backgrounds, with the aim of providing equal opportunities and access to education and sports. All residents at Casa River receive an educational scholarship to support their comprehensive development.
River Plate highlighted that this issuance of guaranteed debt is pioneering in the football field and allows for the diversification of its funding sources, offering an alternative to traditional loans and attracting a greater number of investors, which will positively impact the development of the club's sports and educational activities. The reception of offers exceeded expectations, with a total of 4,374 orders from investors.
This operation is part of the most ambitious investment plan in infrastructure in the history of Club Atlético River Plate, establishing itself as a significant milestone in its trajectory.
