Bomchil advised PSA Finance Argentina Compañía Financiera S.A. (“PSA”) while Marval O’Farrell Mairal advised the arrangers and placement agents on the issuance of (i) Series N° 37 Notes denominated and payable in Argentine Pesos at a variable interest rate represented by the arithmetic sum of the Tasa Mayorista Argentina (TAMAR, for its Spanish acronym) Private Rate and the Cut-Off Margin (4.75%), maturing in May 2027, for a total amount of ARS 19,884,375,000 (the “Series 37 Notes”) and (ii) Series N° 38 Notes denominated and payable in Argentine Pesos at a fixed effective monthly interest rate of 2.70% maturing in March 2027, for a total amount of ARS 4,724,444,444 (the “Series 38 Notes” and together with Series 37 Notes, the “Notes”).
The issuance took place on February 26, 2026, under PSA’s Global Notes Program. The proceeds from the placement of the Notes will be used as working capital in Argentina for a better administration of proceeds and to maximize the benefits arising from such issuance.
Banco BBVA Argentina S.A. and Banco de Galicia y Buenos Aires S.A. took part as arrangers and placement agents while Banco Patagonia S.A., Banco Santander Argentina S.A., Banco de Servicios y Transacciones S.A.U. and Macro Securities S.A.U. participated as placement agents.
The notes were authorized for listing on Bolsas y Mercados Argentinos S.A. and for trading on A3 Mercados S.A.
Advisors to PSA Finance Argentina Compañía Financiera S.A.:
Bomchil: Partner: María Victoria Funes. Associates: Francisco Diskin and Lourdes María Aguirre.
Advisors to the Arrangers and to the Placement Agents:
Marval O’Farrell & Mairal: Partner: Sergio Tálamo. Associates: Pedro María Azumendi, Lautaro Penza and Felicitas María Bereterbide.