News

6 March 2025

Banco Santander Argentina issues TAMAR-rate notes Class XXVIII

Pérez Alati, Grondona, Benites & Arntsen advised Banco Santander Argentina S.A. (“Santander Argentina”) on the issuance class XXVIII notes, simple, not convertible into shares, unsubordinated, with a joint and several guarantee of Santander Argentina and no guarantee of third parties, denominated and payable in Argentine Pesos at a floating interest rate, for a nominal value of $70.092.000.000 (Argentine Pesos seventy thousand ninety-two million) maturing on February 21, 2026 (the “Notes”) under the Global Programme for the Issuance of Notes up to US$ 3,000,000,000 (or its equivalent in Pesos or other currencies and/or units of value). The issuance took place on February 21, 2025.

In addition, the Notes have been locally rated “ML A-1.ar” by Moody´s AR and 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 Notes, Santander Argentina acted as issuer and placement agent and was advised by the team of Pérez Alati, Grondona, Benites & Arnsten.

Advisors of the transaction

Pérez Alati, Grondona, Benites & Arntsen

Partner: Diego Serrano Redonnet. Counsellor: Alejo Muñoz de Toro. Associates: Tamara Friedenberger and Catalina Hermida Pini.

In-house counsels of Banco Santander Argentina S.A.

Ezequiel Guerrero, Cecilia Ramos and Lucía Vidaña.

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