TCA Tanoira Cassagne advised the Municipalidad de la Ciudad de Mendoza in the issuance of Series I Notes as SVS Bond.

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TCA Tanoira Cassagne (“TCA”) advised Municipalidad de la Ciudad de Mendoza (“Municipalidad”) in the issuance of Series I Notes due on July 1st, 2024, for an aggregate amount of AR$ 500,000,000 and accruing a floating interest rate equal to the BADLAR rate plus a 7% margin (the “Notes”). The issuance date of the Notes took place on July 1st, 2024.

The Notes were issued aligned with the four main components of the International Capital Market Association’s (ICMA) Green Bond Principles, and according to the provisions of the Social, Green and Sustainable Bonds Guide of the Argentine Stock Exchange and Markets Panel (ByMA).

The Debt Securities have been incorporated to BYMA’s Bonds, Social, Green and Sustainable Panel.

The net proceeds from the issuance will be used to finance the construction of modules of up to 10 kW in public spaces and municipal buildings with a significant environmental impact within the framework of the Energy Transition Plan 2030 of the Municipalidad.

Deal Counsel of the Transaction: TCA Tanoira Cassagne: Partners Alexia Rosenthal and Jaime Uranga and Associates Juan Sanguineti, Teófilo Trusso, Juan Manuel Simó and Ana Lucía Miranda.

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