BRAGARD advised ISUSA

ISUSA successfully issued USD 8.000.000 in corporate bonds, under company`s program of USD 50.000.000 approved by the Central Bank of Uruguay.

The company received offers for about USD 13.530.000 in the Retail Tranche and about USD 5.268.000 for investor of another series.

The relevant corporate bonds have an interest rate of 5% in USD dollars, in 2027, with repayments dates in June and December.

As stated by Jean Jacques Bragard of Bragard Abogados, legal advisor of ISUSA in the deal, the successfully performance of ISUSA in the market represents a sign of confidence and trust to the company management.