TCA Tanoira Cassagne advised on the issuance of Credicuotas Consumo S.A. Series V Notes

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TCA Tanoira Cassagne advised Credicuotas Consumo S.A., as issuer (“Credicuotas”), Banco Industrial S.A. and Industrial Valores S.A., in their role of arrangers of the issuance (jointly, the “Arrangers”) and Allaria Ledesma & Cía S.A., Banco Comafi S.A., Banco Patagonia S.A., Banco de Servicios y Transacciones S.A., Banco Supervielle S.A., Banco de Galicia y Buenos Aires S.A.U., Facimex Valores S.A., Industiral Valores S.A., Banco de la Provincia de Córdoba S.A. and Banco Hipotecario S.A. as placement agents (collectively, the “Placement Agents”), issued within the framework of their Notes Program up to U$S 100,000,000 (or its equivalent in other currencies) for a total aggregate amount of $4,024,740,051 (the “Notes Series V”), on June the 5th, 2023.

The Notes Series V Class 1 are denominated in pesos, maturing on June the 5th, 2024, with a variable annual nominal interest rate equivalent to the BADLAR rate plus a margin of 6%.

The Notes Series V Class 2 are denominated in pesos, maturing on December 5th, 2024, with a variable annual nominal interest rate equivalent to BADLAR rate plus a margin of 7%.

The Notes Series V Class 1 were subscribed and integrated in cash and in kind by the delivery of the Notes Series I and Notes Series II Class 1 previously issued by Credicuotas.

The Notes Series V Class 2 were subscribed and integrated in cash and in kind by the delivery of the Notes Series II Class 2 and Notes Series III Class 1 previously issued by Credicuotas

Credicuotas will apply the net cash proceeds of the Notes Series V 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.

Legal Counsel to Credicuotas: TCA Tanoira Cassagne: Partners Alexia Rosenthal and Jaime Uranga and associates Juan Sanguinetti, Juan Manuel Simó, Ana Lucía Miranda and Federico Grieben.

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