TCA Tanoira Cassagne advised BST on its Class XXVIII Notes issuance

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TCA Tanoira Cassagne advised Banco de Servicios y Transacciones S.A.U., as issuer, arranger and placement agent (“BST”), and Invertironline S.A.U., Banco Patagonia S.A., S&C Inversiones S.A., Provincia Bursátil S.A., Allaria S.A., ST Securities S.A.U., SBS Trading S.A. and Buenos Aires Valores S.A. as placement agents (jointly, the “Placement Agents”), in the issuance of class XXVIII notes for a nominal amount of US$ 8,204,906 (the “Class XXVIII Notes”).

The Class XXVIII Notes are denominated in US dollars and will be payable in US dollars in Argentina (Dollar MEP), maturing on May 6, 2027, and will accrue interest at a fixed interest rate of 4.50%

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 and Jaime Uranga and associates Juan Manuel Simó, Stefania Lo Valvo and Larreguy.

In-house Counsels to BST: Ana Vea Murguía and Melina Lozano.

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