News

28 October 2024

Series No. XXII Notes and Serios No. XXIII Notes of IRSA

Pérez Alati, Grondona, Benites & Arntsen advised BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Galicia y Buenos Aires S.A.U., Banco Santander Argentina S.A., Banco Mariva S.A, Balanz Capital Valores S.A.U., Bull Market Brokers S.A., Banco Supervielle S.A., Invertironline S.A.U., Cocos capital S.A., Puente Hnos. S.A., SBS Trading S.A. and Macro Securities S.A.U.as placement agents of the Notes (the “Placement Agents”).

On October 23, 2024, IRSA successfully completed the placement and issuance of the Series No XXII for an aggregate of USD 15.799.810, which will bear a fixed interest rate of 5.75%, at an issuance price of 100% of face value, and will mature on October 23, 2027; and the placement and issuance of the Series No XXIII for an aggregate of USD 51.467.822, which will bear a fixed interest rate of 7.25%, at an issuance price of 100% of face value, and will mature on October 23, 2029 .

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 Mercado Abierto Electrónico S.A.

Counsel to the Placement Agents

Pérez Alati, Grondona, Benites & Arntsen acted as legal advisor to the Placement Agents through Diego Serrano Redonnet, Alejo Muñoz de Toro, Juan Ignacio Rodriguez Goñi and Tamara Friedenberger.

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