TCA Tanoira Cassagne advised Tecnovax in the issuance of Additional Series I Green Notes within its Global Notes Program of up to USD 19,000,000.

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TCA Tanoira Cassagne (“TCA”) advised Tecnovax S.A. (“Tecnovax”) as issuer, and StoneX Securities S.A. as arranger and placement agent in the issuance of: (i) Additional Series I Class 1 Green Notes due on January 13th, 2025, for an aggregate amount of AR$ 2,524,900,000 at a issuance price of 103,75%, and accruing a floating interest rate equal to the BADLAR rate plus a 5% margin; and (ii) Additional Series I Class 2 Green Notes, issued in US$, integrated and payable in Argentine Pesos, due on July 13th, 2026, for a nominal value of US$ 2,368,500 at a issuance price of 88,25%, tendered at 0,00% rate (jointly, the “Notes”) within its global program for notes issuance of up to USD19,000,000 (or its equivalent on other currencies) (the “Program”).

The Notes will be additional to the Series I Notes previously issued by Tecnovax on July 13th, 2023, having identical terms and conditions in all aspects, except for the issuance date and the issuance price. Thus, they are fungible with each other and constitute a single class of debt securities.

The Notes were issued aligned with the four main components of the International Capital Market Association’s Green Bond Principles, and according to the “Guidelines for the Issuance of Social, Green and Sustainable Marketable Bonds in Argentina” and under the provisions of the Social, Green and Sustainable Bonds Guide of the Argentine Stock Exchange and Markets Panel (ByMA).

The issuance date of the Notes took place on May 23rd, 2024.

Deal Counsel of the Transaction: TCA Tanoira Cassagne: Partners Alexia Rosenthal and Jaime Uranga and Associates Lucía Viboud Aramendi, Juan Manuel Simó and Federico Grieben.

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