On February 10, 2025, Banco de Galicia y Buenos Aires S.A.U. issued: (i) Class XXI simple, non-convertible, unsecured notes, denominated, subscribed, and payable in Pesos, for a nominal value of AR$79,786,900,000; and (ii) Class XXII simple, non-convertible, unsecured notes, denominated, subscribed, and payable in U.S. Dollars in Argentina, for a nominal value of US$73,823,009. The issuances were carried out under the CNV’s Frequent Issuer Regime.
The Class XXI Notes will mature on February 10, 2026, and will accrue interest at a variable rate equivalent to the TAMAR Private Rate plus a 2.75% nominal annual margin. Interest payments will be made quarterly, and the principal will be repaid in a single installment on the maturity date.
The Class XXII Notes will mature on August 10, 2025, and will accrue interest at a fixed nominal annual rate of 4.15%. Both the interest and principal will be paid in a single installment on the maturity date.
The Notes were rated “ML A-1.ar” by Moody’s Local Argentina on February 4, 2025, and have been authorized for listing and trading on Bolsas y Mercados Argentinos S.A. and Mercado Abierto Electrónico S.A.
Banco Galicia acted as issuer, organizer, and placement agent.
All parties were advised by Beccar Varela’s team, led by Luciana Denegri, with the participation of María Victoria Pavani, María Carolina Pilchik, Martina Puntillo, and Carlos Nicolás Saúl Lucero.