On February 5, 2024, Tarjeta Naranja S.A.U. ("Tarjeta Naranja") issued class LXI simple, non-convertible into shares, unguaranteed Notes, for a total nominal amount of AR$35.000.000.000 (the “Class LXI Notes”). The issuance was carried out under the Frequent Issuer Regime established in Section VIII, Chapter V, Title II of the National Securities Commission (Comisión Nacional de Valores) Regulations.
The Class LXI Notes, maturing on February 5, 2025, will accrue interest at a floating rate, equivalent to the sum of private Badlar rate plus a cut-off margin of 3.50%, and will amortize its principal in one payment on its maturing date.
The Class LXI Notes have been locally rated “A1(arg)” by FIX SCR S.A. on January 31, 2024. 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 LXI Notes, Banco de Galicia y Buenos Aires S.A.U. acted as organizer and placement agent, while Banco Santander Argentina S.A., Macro Securities S.A.U., Banco Patagonia S.A., Banco Comafi S.A., Banco de la Provincia de Córdoba S.A., Banco Supervielle S.A., Industrial Valores 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. Counsel Alejo Muñoz de Toro. Associates Nahuel Perez de Villarreal and Juan Ignacio Rodriguez Goñi.
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