S.A. SAN MIGUEL A.G.I.C.I. Y F. (“San Miguel”), a leading producer and exporter of lemons in the southern hemisphere, carried out the issuance of its Notes Series III, within the framework of a global program for the issue of negotiable obligations for a total amount of USD 39,535,355. The proceeds will be used mainly to finance capital and labor.

San Miguel, received advice from Nicholson and Cano Abogados, while the placement agents (Banco Santander Río S.A., which also acted as arranger, Balanz Capital Valores S.A.U, Banco Supervielle S.A., Industrial and Commercial Bank of China (Argentina) S.A., HSBC Bank Argentina S.A., Macro Securities S.A, Allaria Ledesma & Cia.S.A., AR partners S.A. and BACS – Banco de Crédito y Securitización S.A.) were advised by Pérez Alati, Grondona, Benites & Arntsen.

The notes were issued on February 20, in three different classes, all maturing on December 20, 2020.

San Miguel is located in the Province of Tucumán and is dedicated to the production, commercialization and export of fresh citrus fruits from the southern hemisphere. Moreover, San Miguel is the world leader in processing citrus products with added value, reaching 15% of global lemon milling. San Miguel is recognized by its more than 200 international premium customers in more than 50 countries as a reliable citrus producer handling high quality standards.

Advisors to the Placement Agents:

Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Nicolás Aberastury and Paula Balbi.

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