10 February 2023

Tarjeta Naranja S.A.U.'s new issuance of Bonds

On February 1, 2023, Tarjeta Naranja S.A.U. ("Tarjeta Naranja") issued class LVII simple, non-convertible into shares, unguaranteed notes, for a total nominal amount of AR$12,512,200,000 (the “Class LVII Notes”).

The Class LVII Notes will accrue interest at a floating rate, equivalent to the private Badlar rate plus a cut-off margin of 4.5%, the maturity date will be February 3, 2024, and will amortize its 100% principal amount in one payment on its maturing date.

The Class LVII Notes 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 LVII Notes, Banco de Galicia y Buenos Aires S.A.U. acted as organizer and placement agent, while Banco Patagonia S.A., Banco Santander Argentina S.A., Industrial Valores S.A., Macro Securities S.A.U. and Banco Comafi S.A. acted as placement agents (the “Placement Agents”). 

Advisors of Tarjeta Naranja and Banco de Galicia y Buenos Aires S.A.U.:

Beccar Varela: Partner Luciana Denegri. Associates María Victoria Pavani, Julián Ojeda, Tomás Cappellini and María Belén Tschudy.

Advisors to the Placement Agents:

Pérez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet. Associates Alejo Muñoz de Toro and Jerónimo Juan Argonz.

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