On May 21, 2025, CNH Industrial Capital Argentina S.A. (“CNHI Capital”) issued the class 9 notes, for a total amount of USD 25,216,014, which will bear a fixed interest rate of 8.25% and will mature on May 21, 2027 (the “Notes”). The Notes were issued under the CNHI Capital’s Global Notes Program not convertible into shares for up to USD 200,000,000 (US Dollars two hundred million) (or its equivalent in other currencies or units of value).
The placement of the Notes was carried out by Banco Santander Argentina S.A. and Banco de Galicia y Buenos Aires S.A.U. as arrangers and placement agents, and by Banco Comafi S.A., Balanz Capital Valores S.A.U., Macro Securities S.A.U., Industrial Valores S.A, Puente Hnos. S.A., Cocos Capital S.A. e Industrial and Commercial Bank of China (Argentina) S.A.U (all of them jointly, the "Placement Agents").
Pérez Alati, Grondona, Benites & Arntsen (PAGBAM) acted as counsel for the Placement Agents.
CNHI Capital is a commercial company with a financing purpose within the CNH Industrial Group that offers Argentina S.A. and Iveco Argentina S.A.'s customers and dealers financing for the acquisition of new and used vehicles, and financing to the dealer network on its stock of units. Currently, it is a private company with more than 40 years of global experience, more than 20 years in Brazil and 10 years in Argentina, leader in the financial solutions for the acquisition of Industrial machinery and equipment.
The offer was directed to the local market and the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and for negotiation in the A3 Mercados S.A.
Counsel to Placement Agents
Pérez Alati, Grondona, Benites & Arntsen through team composed by partner Diego Serrano Redonnet, counselor Nicolás Aberastury and associates Juan Ignacio Rodriguez Goñi, Tamara Friedenberger and Catalina Hermida Pini.
