On July 27, 2023, Tarjeta Naranja S.A.U. ("Tarjeta Naranja") issued class LIX Notes simple, non-convertible into shares, unguaranteed, for a total nominal amount of AR$12.072.087.376 (the “Class LIX Notes”).
The Class LIX Notes, maturing on July 27, 2024, will accrue interest at a floating rate, equivalent to the private Badlar rate plus a cut-off margin of 5.00% (with a minimum rate of 100% for the first coupon payment), and will amortize its principal in one payment on its maturing date.
The Class LIX Notes have been locally rated “A1(arg)” by FIX SCR S.A. on July 24. In addition, they were admitted for listing in Bolsas y Mercados Argentinos S.A. and authorized for trading in the Mercado Abierto Electrónico S.A.
In the issuance of the Class LIX Notes, Banco de Galicia y Buenos Aires S.A.U. acted as organizer and placement agent, while Macro Securities S.A.U., Banco Santander Argentina S.A., Banco Patagonia S.A., and Nuevo Banco de Santa Fe S.A. acted as placement agents (the “Placement Agents”).
Advisors to the Placement Agents:
Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Alejo Muñoz de Toro, Mora Mangiaterra Pizarro and Juan Ignacio Rodriguez Goñi.
