TCA Tanoira Cassagne advised on the issuance of Series II Notes of Grúas San Blas S.A.

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TCA Tanoira Cassagne advised Grúas San Blas S.A. (“Grúas San Blas” or the “Company”) as issuer and Banco Supervielle S.A. as arranger and placement agent (the “Placement Agent”), in the issuance of PyMEs CNV Guaranteed Series II Class I Notes for an aggregate amount of AR$3,000,000,000 (the “Notes”), denominated and to be paid in pesos, due on April 22, 2026, with a variable annual nominal interest rate equivalent to the Badlar Rate plus a margin of 0.99%. The Notes were issued on April 22, 2024.

The Notes are fully guaranteed by Banco Supervielle S.A. as Guarantee Entity duly authorized by the National Securities Commission (“CNV” for its acronym in Spanish).

Grúas San Blas is an Argentinean company dedicated to the importation and distribution of machinery for industry, construction, oil & gas, mining and agriculture, under the modalities of sale and rental.

Deal counsels

TCA Tanoira Cassagne:Partners Alexia Rosenthal and Jaime Uranga, and Associates Lucía Viboud Aramendi, Carolina Mercero and Stefania Lo Valvo.

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