TCA Tanoira Cassagne advised Banco Supervielle S.A., as issuer, arranger and placement agent (“Banco Supervielle”), and Invertironline S.A.U., Invertir en Bolsa S.A., Allaria S.A., Balanz Capital Valores S.A.U., SBS Trading S.A. and Cocos Capital S.A., as placement agents (jointly, the “Placement Agents”), in the issuance of (i) class K notes for a nominal amount of US$ 28,382,227 (the “Class K Notes”); (ii) class L notes for a nominal amount of AR$50,974,085,884 (the “Class L Notes”).
The Class K Notes are denominated in US dollars and will be payable in US dollars in Argentina (Dollar MEP); and the Class L Notes are denominated and will be payable in Argentine Pesos.
The Class K Notes will mature on August 7th, 2025, and will accrue interest at a fixed interest rate of 4,15%. The Clase L Notes will mature on February 7th, 2026, with a floating interest rate equivalent to the TAMAR rate plus a 2.75% margin.
Banco Supervielle is a privately owned, family-founded bank with a history of over 130 years in the Argentine financial system and a leading competitive position.
Banco Supervielle is the main subsidiary of Grupo Supervielle, providing financial services to both individuals and businesses, including SMEs, across the country, with more than 1,400,000 active clients.
Deal Counsel: TCA Tanoira Cassagne: Partners Alexia Rosenthal, Jaime Uranga and Ignacio Criado Díaz and associates Carolina Mercero and Jimena Torres Marcelo.
In-house Counsels of Banco Supervielle: Celeste Ibañez, Ignacio Rutter and Dana König


