Perez Alati, Grondona, Benites & Arntsen advised Banco Comafi S.A., Banco BBVA Argentina S.A., and Banco de Galicia and Buenos Aires S.A.U. as local placement agents of the series No. 34, 35 and 36 of notes not convertible into shares (the “Notes”) by oyota Compañía Financiera de Argentina S.A. (the “Company”), under their US$ 50.000.000 (or its equivalent in other currencies and/or units of value and/or measurement) Global Notes Program (not convertible into shares).
On May 26th, 2025 were successfully issued:
(i) Serie No. 34 Notes for a nominal amount of $14.000.000.000 (u$s 12,282,497.8) maturing on February 26th, 2027, at a variable interest rate, equivalent to the sum of: (i) the Private TAMAR Rate, plus (ii) 3.75% annual nominal amount and will be amortized in three payments to be made on August 26th, 2026 (for 33,3% of the principal amount), November 26th, 2026 (for 33.3% of the principal amount) and February 26th, 2027 (for 33.34% of the principal amount). Interest will be paid quarterly.
(ii) Serie No. 35 Notes for a nominal amount of $ 4,000,000,000 (US$ 3,509,285.09) maturing on May 26th, 2026, at a fixed monthly effective interest rate of 2.55% and will be amortized in a single payment to be made on May 26th, 2026. Likewise, interest will be paid in a single payment at maturity.
(iii) Serie No. 36 Notes for a nominal amount of 1,361,442 UVA, equivalent to $1,999,999,141 at the Initial UVA Value (US$ 1,754,641.79) maturing on May 26th, 2027, at a fixed interest rate of 10,00% nominal annual rate and will be amortized in three payments to be made on November 26th, 2026 (for 33.3% of the principal amount), February 26th, 2027 (for 33.3% of the principal amount) and May 26th, 2027 (for 33.34% of the principal amount). Interest will be paid quarterly.
The Company will use the proceeds from the placement of the Notes to grant short-term loans in Argentine Pesos to dealers of the Toyota network in Argentina.
Toyota Compañía Financiera de Argentina S.A. is the finance company of Toyota Argentina S.A. whose purpose is to finance the acquisition of the vehicles marketed by such company.
Counsel to the Underwriters
Pérez Alati, Grondona, Benites & Arntsen
Partner María Gabriela Grigioni, Counsel Nicolás Aberastury and associates María Sol Martínez and Juan Cruz Carenzo.
