TCA Tanoira Cassagne advised Credicuotas Consumo in the issuance of Series IX Notes under its Global Notes Program

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TCA Tanoira Cassagne advised Credicuotas Consumo S.A., as issuer (“Credicuotas”), Banco Industrial S.A. e Industrial Valores S.A., as co-arrangers (jointly, the “Co-arrangers”), and Industrial Valores S.A., Banco Supervielle S.A., Banco Patagonia S.A., Cocos Capital S.A.; Banco Comafi S.A.; Banco de Galicia y Buenos Aires S.A.U.; Banco de Servicios y Transacciones S.A.; Allaria S.A.; Banco de la Provincia de Córdoba S.A. and Banco de Valores S.A. as placement agents (collectively, the “Placement Agents”), in the issuance of series IX notes for a nominal amount of ARS 11,371,204,714 (the “Series IX Notes”).

The Series IX Notes will be issued on September 27th, 2024, under Credicuotas’ Global Program for the Issuance of Notes for up to a nominal amount of US$ 100,000,000 (or its equivalent in other currencies), are denominated in pesos, maturing on September 27th, 2025, with a floating interest rate equivalent to the BADLAR plus a margin of 8%.

Credicuotas will apply the net cash proceeds of the Series IX Notes for capital expenditures considering that the purpose of the activity of Credicuotas is the creation, commercialization, and operation of credit and/or debit card systems and the granting of microcredits and/or loans to individuals and/or legal entities.

Deal Counsels: TCA Tanoira Cassagne: Partners Alexia Rosenthal and Jaime Uranga and associates Juan Sanguinetti, Juan Manuel Simó and Ana Lucía Miranda.

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