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 Banco Patagonia S.A. as local placement agents of the Series No. 33 simple notes not convertible into shares (the “Notes”) issued by Toyota Compañía Financiera de Argentina S.A. (the “Company”) under US$50.000.000 (or its equivalent in other currencies and/or units of value and/or measurement) Global Notes Program..
On December 6th, 2024, the Notes were successfully issued in the aggregate amount of Arg $ 20.000.000.000 (u$s 19.963.466,85), maturing on June 6th, 2026, at a variable interest rate equivalent to the “BADLAR Privada'' reference rate published by the Argentine Central Bank, plus a cut-off margin of 5,99% nominal annual percentage points and will be amortized in three payments, on December 6th, 2025 (for the 33.33% of the capital), on March 6th, 2026 (for the 33.33% of the capital) and on June 6th, 2026 (for the remaining 33.34% of the principal). Likewise, the Notes will pay quarterly interest. 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 Banco Patagonia S.A.
Pérez Alati, Grondona, Benites & Arntsen: Partner María Gabriela Grigioni and Associates, Nahuel Perez de Villarreal and María Sol Martínez.
