TCA acted as legal advisor in the increase of the amount of the Trust Debt Securities Global Program “Best Finance Total Assets” US$30,000,000 to US$100,000,000 (the “Program”).
TCA acted as deal counsel in the issuance of the financial trust “Total Assets V” (the “Trust”), under the Program.
TMF Trust Company (Argentina) S.A. acted as trustee and issuer (the “Trustee”) and Crédito Directo S.A. acted as trustor (the “Trustor”), in the issuance of trust debt securities under the Trust for a total aggregate amount of AR$18,835,864,000.
Banco de Servicios y Transacciones S.A. acted as arrangement agent and placement agent, and Banco Mariva S.A., Nuevo Banco de Santa Fe S.A., Banco de Valores S.A., Banco CMF S.A., Banco Patagonia S.A., Provincia Bursátil S.A., GMC Valores S.A., Adcap Securities Argentina S.A., and SBS Trading S.A. acted as placement agents.
The purpose of the issuance, through the proposed innovative structure, was to fund the Trustor with the assignment to the Trust of the consumer loans mostly granted digitally.
The Argentine Securities Commission authorized the Trust and the public offering of the trust debt on April 14, 2025.
Deal Counsel of the Transaction: TCA acted through a team led by partners Alexia Rosenthal and Jaime Uranga; and Associates Carolina Mercero and Ana Belén Heinrich.


