Banco Mariva S.A. issued its first classes of Negotiable Obligations: (i) on September 29, 2025, the Series I Negotiable Obligations, simple, non-convertible into shares, unsecured, denominated, subscribed, and payable in U.S. dollars in the Republic of Argentina, for a nominal value of US$ 24,101,832 (U.S. dollars twenty-four million one hundred one thousand eight hundred thirty-two); and (ii) on October 8, 2025, the Series II Negotiable Obligations, simple, non-convertible into shares, unsecured, denominated in U.S. dollars, to be subscribed and payable in pesos at the applicable exchange rate, for a nominal value of US$ 10,159,000 (U.S. dollars ten million one hundred fifty-nine thousand).
The Class I Notes mature on September 29, 2026, and bear interest at a variable rate equivalent to the Private TAMAR Rate plus a margin of 7.50% nominal annual. Interest will be paid semiannually on March 30, 2026, and September 29, 2026, while principal will be repaid in a single installment at maturity. The Class II Notes mature on April 1, 2026, and bear 0% annual interest. Principal will be repaid in a single payment at maturity.
The Notes were assigned a “ML A-1.ar” rating by Moody’s Local Argentina on September 22 and October 1, 2025, and were authorized for listing and trading on Bolsas y Mercados Argentinos S.A. (BYMA) and the A3 Markets S.A.
Banco Mariva, in its capacity as issuer, also acted as arranger and placement agent. Balanz Capital S.A.U. served as an additional placement agent for the Series I Notes, while Banco de Galicia y Buenos Aires S.A. acted as an additional placement agent for the Series II Notes.
All parties were advised by the Beccar Varela team led by partner Luciana Denegri, with the participation of María Victoria Pavani, María Carolina Pilchik, Martina Puntillo, and Ángela Carman.