TCA Tanoira Cassagne advised BST on its Class XXI Notes issuance

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TCA Tanoira Cassagne advised Banco de Servicios y Transacciones S.A., as issuer, arranger and placement agent (“BST”), and Balanz Capital Valores S.A.U., Allaria S.A., Puente Hnos. S.A., Banco Mariva S.A. and Deal S.A., (jointly, the “Placement Agents”), in the issuance of class XXI notes for a nominal amount of US$21,080,397 (the “Class XXI Notes”).

The Class XXI Notes are denominated in US dollars and will be payable in US dollars in Argentina (Dollar MEP), maturing on August 5, 2025, and will accrue interest at a fixed interest rate of 5.75%

BST is mainly active in commercial banking, providing a wide range of banking products and services to small, medium and large companies, focusing on services such as commercial lending, trust banking, corporate banking, capital markets, treasury and foreign trade.

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 to BST: Ana Vea Murguía and Melina Lozano.

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