Pérez Alati, Grondona, Benites & Arntsen advised Banco Santander Argentina S.A. (“Santander Argentina”) on the issuance class XXVI 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 Pesos at a floating interest rate , for a nominal value of $37,941,578,947 (Pesos thirty-seven thousand nine hundred and forty-one million five hundred and seventy-eight thousand nine hundred and forty-seven million) (US$ 45,047,882.39) maturing August 28, 2024 (the “Class XXVI 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 or units of value). The issuance took place on February 28, 2024.
In addition, Class XXVI Notes have been locally rated “A1+(arg)” by FIX SCR S.A. Agente de Calificación de Riesgo “afiliada de Fitch Ratings” 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 Class XXVI 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. Counselor: Alejo Muñoz de Toro. Associates: Nahuel Pérez de Villarreal, Mora Mangiaterra Pizarro and Tamara Friedenberger.
In-house counsels of Banco Santander Argentina S.A.
Ignacio García Deibe and Ezequiel Guerrero
