TCA Tanoira Cassagne advised AFS Group S.A. (“AFS Group”) as issuer, Banco CMF as arranger and placement agent in the issuance of Series I notes under the Low-Impact Public Offering Regime with Automatic Authorization for an aggregate amount of AR$1,000,000,000, denominated and payable in Argentine Pesos, maturing on December 4th, 2027 and which will accrue interest at a floating rate equal to the Private TAMAR Rate plus a 4.00% margin (the “Notes”).
The Notes are fully guaranteed by Banco CMF as Guarantee Entity authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).
AFS Group (Autonomy) is a company dedicated to the leasing and integrated management of vehicle fleets for drivers operating on digital mobility platforms. Its operations comprise the provision of vehicles, maintenance and insurance administration, telemetric monitoring, and customer oversight. The company’s business model relies on recurring revenue generated through rental agreements and management services, primarily under short- and medium-term contracts. It currently operates within the Metropolitan Area of Buenos Aires and surrounding regions and is planning national and international expansion over the next three years.
Deal Counsel: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Jaime Uranga; and Associates Juan Manuel Simó, Ana Lucía Miranda and Tobías Bonamico.
