On November 17, 2023 Banco de Servicios y Transacciones S.A. (“BST”) issued series XIV, denominated in U.S. Dollars and payable in Argentine Pesos, at a fixed annual nominal rate equivalent to 0.00%, for a nominal value of US$10,000,000 (U.S. Dollars ten million) maturing on May 17, 2025, and with an issue price of 1.2910 (the “Series XIV Notes”) under the Global Program for the Issuance of Notes up to US$30,000,000 (or its equivalent in other currencies or units of value).
In addition, Series XIV Notes have been locally rated “A-.ar” by Moody’s Local AR Agente de Calificación de Riesgo S.A, and “A-(Arg)” by Fix SCR S.A. The Series XIV Notes have been admitted for listing in Bolsas y Mercados Argentinos S.A. and authorized for trading in the Mercado Abierto Electrónico S.A.
BST acted as issuer, arranger and placement agent, and Banco Mariva S.A., Banco Patagonia S.A., SBS Trading S.A., Industrial Valores S.A., Banco Supervielle S.A. and Facimex Valores S.A. acted as placement agents.
Bruchou & Funes de Rioja acted as deal counsel, through its team led by partner José María Bazan together with associates Leandro Exequiel Belusci, Quimey Lia Waisten and Pedro María Azumendi.