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ISUSA - New issuance of negotiable bonds for a nominal value of up to 8M in the Montevideo Stock Exchange.

BRAGARD advised INDUSTRIA SULFURICA S.A. (ISUSA) in a new issue of negotiable bonds for a nominal value of up to USD 8 million in the Montevideo Stock Exchange. This debt issue was carried out on June, generating a great repercussion in the capital market. This is Series II.3, as the company had previously issued Series II.1 for US$ 12 million and II.2 for US$ 6 million. ISUSA has had successful results under this financing modality duly authorized by the Central Bank of Uruguay.