Toyota Compañía Financiera de Argentina S.A. (the “Company”) issued its series No. 39, 40 and 41 of notes not convertible into shares (the “Notes”) under US$ 250.000.000 (or its equivalent in other currencies and/or units of value and/or measurement) Global Notes Program.
Perez Alati, Grondona, Benites & Arntsen advised Banco Comafi S.A., Banco BBVA Argentina S.A., Banco de Galicia and Buenos Aires S.A., Banco Patagonia S.A., and Banco Santander S.A. as local placement agents of the Notes.
On June 22nd, 2026 were successfully issued:
(i) Series No. 39 Notes for a nominal amount of $15,699,800,000 (US$10,773,667.08) maturing on March 22nd, 2028, at a variable interest rate, equivalent to the sum of: (i) the Private TAMAR Rate, plus (ii) 3.80% annual nominal rate, and will be amortized in three payments to be made on September 22nd, 2027 (for 33.3% of the principal amount), December 22nd, 2027 (for 33.3% of the principal amount) and March 22nd, 2028 (for 33.34% of the principal amount). Interest will be paid quarterly.
(ii) Series No. 40 Notes for a nominal amount of US$8,004,060,000 maturing on June 22nd, 2027, at a fixed monthly effective interest rate of 2.00% and will be amortized in a single payment to be made on June 22nd, 2027. Interest will be paid in a single payment at maturity.
(iii) Series No. 41 Notes for a nominal amount of Argentine Purchasing Value Units 3,162,649 (“UVA”), equivalent to US6,296,138,376 at the Initial UVA Value, maturing on June 22nd, 2028, at a fixed nominal annual interest rate of 4.00%, and will be amortized in three payments to be made on December 22nd, 2027 (for 33.3% of the principal amount), March 22nd, 2028 (for 33.3% of the principal amount) and June 22nd, 2028 (for 33.34% of the principal amount). Interest will be paid quarterly.
The Company will use the proceeds from the placement of the Notes to grant short-term loans in Argentine Pesos to dealers of the Toyota network in Argentina.
Counsel to the Underwriters
Pérez Alati, Grondona, Benites & Arntsen
Partner María Gabriela Grigioni and associate Juan Hernán Bertoni.
Practices
News published in: