TCA Tanoira Cassagne and Pérez Alati, Grondona, Benites & Arntsen advised on the successful issuance of Banco Comafi’s Class XVIII, Class XIX and Class XX Notes.

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TCA Tanoira Cassagne advised Banco Comafi S.A., as issuer and placement agent (“Banco Comafi”) and Comafi Bursátil S.A., Allaria S.A., Balanz Capital Valores S.A.U., SBS Trading S.A., Cocos Capital S.A. e Invertir en Bolsa S.A. as placement agents (the “Placement Agents”), in the issuance of (i) class XVIII notes for a nominal amount of US$39,996,813 (the “Class XVII Notes”); (ii) class XIX notes for a nominal amount of US$7,035,509 (the “Class XVII Notes”); and (iii) class XX notes for a nominal amount of US$30,544,114 (the “Class XVII Notes”)

The Class XVIII Notes are denominated in US dollars and will be payable in US dollars in Argentina (Dollar MEP), maturing on February 6, 2027 and will accrue interest at a fixed interest rate of 4.75%.

The Class XIX Notes are denominated in US dollars and will be payable in US dollars in Argentina (Dollar MEP), maturing on February 6, 2029 and will accrue interest at a fixed interest rate of 7.00%.

The Class XX Notes are denominated in US dollars and will be payable in US dollars off shore (Dollar Cable), maturing on February 6, 2027 and will accrue interest at a fixed interest rate of 5.25%.

Banco Comafi’s main activity consists in providing a wide range of commercial banking services to various types of customers (individuals and micro, small, medium and large companies). Through its branches and other remote channels, it receives deposits at sight, in savings accounts and fixed-term deposits, grants secured and unsecured loans, overdrafts, check discounting and commercial financing lines. In addition, Banco Comafi provides services to companies, such as salary payments, payments to suppliers and collections, and issues credit cards for individuals and companies, among others.

Deal Counsel: TCA Tanoira Cassagne: Partners Alexia Rosenthal, Jaime Uranga and Ignacio Criado Diaz and associates Carolina Mercero and Stefanía Lo Valvo.

In-house Counsels of Banco Comafi:

Carmen Nosetti and Mariana López.

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