Marval, O'Farrell & Mairal advise Banco de Crédito y Securitización on landmark first issue

Buenos Aires firm Marval, O’Farrell & Mairal has advised BACS Banco de Crédito y Securitización SA, Argentina’s new secondary mortgage-market entity, on its first US$115.8 million issue of BACS Mortgage Bonds and Certificates of Participation by First Trust New York, National Association, Argentine Permanent Representation, on behalf of BACS I Mortgage Trust.