After advising on ten series, Marval O’Farrell Mairal acted as legal advisor on the issuance of the 11th series of the Waynimovil financial trust for an amount of ARS 4,516,444,335, under the Waynimovil Program, which securitizes 100% digital loans. The transaction took place on August 28, 2025, and included the issuance of trust debt securities Class A for a total amount of ARS 3,321,444,335, trust debt securities Class B for a total amount of ARS 950,000,000 and trust debt securities Class C for a total amount of ARS 245,000,000.
Waynicoin SA acted as settlor, trustee, administrator, and Collection Agent; BACS Banco de Credito y Securitizacion SA acted as trustee, arranger and underwriter; Worcap SA acted as arranger; and Rosental SA, Banco de Servicios y Transacciones SA, Provincia Bursatil SA, Adcap Securities Argentina SA, and Banco Mariva SA, as underwriters. Under the same structure as the previous issuance, the securitized assets of Waynimovil XI consist of 100% digital format granted loans represented by private instruments executed electronically.
The securities were authorized for public offering by the Argentine Securities Commission and are listed in Bolsas y Mercados Argentinos SA and A3 Mercados SA (formerly, Mercado Abierto Electronico SA).
Marval O’Farrell Mairal acted as legal advisor to the transaction, with partner Sergio Talamo, and associates Lautaro Penza and Pedro Maria Azumendi. Solange Spinelli and Pablo Vidal Raffo acted as in-house legal advisors for BACS Banco de Credito y Securitizacion SA.