16 August 2023

Issuance of notes of Toyota Financial Company of Argentina

EGFA advised Toyota Compañía Financiera de Argentina S.A. (the “Company”) in the issuance of the Series No. 32 simple notes not convertible into shares (the “Notes”) under its Arg. $6,000,000,000 (or its equivalent in other currencies and/or units of value and/or measurement) Global Notes Program.

Perez Alati, Grondona, Benites & Arntsen advised Banco Santander Argentina S.A., Banco Comafi S.A., Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A.U. and Macro Securities S.A.U. as local placement agents of the Notes.

On August 9th, 2023, the Notes were successfully issued in the aggregate amount of Arg.$ 3,000,000,000 (u$s 10,442,348.32), maturing on February 9th, 2025, at a variable interest rate equivalent to the “BADLAR Privada'' reference rate published by the Argentine Central Bank, plus a cut-off margin of 2.74% nominal annual percentage points and will be amortized in three payments, on August 9th, 2024 (for the 33.33% of the capital), on November 9th, 2024 (for the 33.33% of the capital) and on February 9th, 2025 (for the remaining 33.34% of the principal). Likewise, the Notes will pay quarterly interest, on November  9th, 2023, February 9th, 2024, May 9th, 2024, August 9th, 2024, November 9th, 2024, and February 9th, 2025. The Company will use the proceeds for granting short-term loans to the Toyota dealer network in Argentina.

Toyota Compañía Financiera de Argentina S.A. is the financial company of Toyota Argentina S.A. whose purpose is to finance the acquisition of the vehicles marketed by such company.

Legal advisors for Banco Santander Argentina S.A., Banco Comafi S.A., Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A.U and Macro Securities S.A.U.

Pérez Alati, Grondona, Benites & Arntsen: Partner María Gabriela Grigioni, Associates Nahuel Perez de Villarreal and María Sol Martínez

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