TCA Tanoira Cassagne advised in the issuance of Series I Notes of Liliana S.R.L.

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TCA Tanoira Cassagne advised Liliana S.R.L. (“Liliana” or the “Company” indistinctly) as issuer and Banco Supervielle S.A., Banco de la Provincia de Buenos Aires, Banco BBVA Argentina S.A., Banco Itaú Argentina S.A., Macro Securities S.A.U. and First Capital Markets S.A. as placement agents (the “Placement Agents”), in the issuance of PyMEs CNV Guaranteed Series I Notes for an aggregate amount of AR$2,500,000,000 (the “Notes”), denominated and to be paid in pesos, due on April 18th, 2025, with a variable annual nominal interest rate equivalent to the Badlar Rate plus a margin of 9%. The Notes were issued on October 18, 2023.

The Notes are fully guaranteed by Banco Supervielle S.A., Banco de la Provincia de Buenos Aires, Banco BBVA Argentina S.A., Banco Itaú Argentina S.A. and Banco Macro S.A. as Guarantee Entities duly authorized by the CNV.

In an adverse context for local capital markets caused by pre-electoral uncertainty, the Company obtained one of the most important fundings for the year related to notes issuances denominated in pesos in the Argentinean capital markets.

Liliana is a family-owned company with over 75 years of track record dedicated to the fabrication and commercialization of home appliances.

Deal counsels:

TCA Tanoira Cassagne:Partners Alexia Rosenthal and Jaime Uranga, and Associates Juan Sanguinetti, Carolina Mercero and Federico Grieben.

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