Maria Victoria Funes and Sergio Tálamo
Bomchil and Marval advise PSA Finance on new notes issuance
Bomchil advised PSA Finance Argentina Compañía Financiera S.A. ("PSA") and Marval O´Farrell Mairal advised the organizers and placement agents and the placement agents, in the issuance of (i) the Negotiable Obligations Series No. 37 denominated and payable in Pesos at a variable interest rate represented by the arithmetic sum of the TAMAR Private Rate and the Cutoff Margin (4.75%), and maturing in May 2027 for a total amount of $19,884,375,000 (the "ONs Series 37"); and (ii) the Negotiable Obligations Series No. 38 denominated and payable in Pesos at a fixed monthly effective interest rate of 2.70% and maturing in March 2027 for a total amount of $4,724,444,444 (the "Series 38 Bonds" and, together with the Series 37 Bonds, the "Bonds").
The issuance took place on February 26, 2026, under PSA’s Global Negotiable Obligations Program. The proceeds from the placement of the Bonds will be allocated to working capital in Argentina, prioritizing better fund management and maximizing the benefits of the issuance.
BBVA Argentina S.A. and Banco de Galicia y Buenos Aires S.A. participated as organizers and placement agents. Banco Patagonia S.A., Banco Santander Argentina S.A., Banco de Servicios y Transacciones S.A.U., and Macro Securities S.A.U. acted as placement agents.
The bonds 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 Placement Agents:
Marval O’Farrell Mairal: Partner: Sergio Tálamo. Associates: Pedro María Azumendi, Lautaro Penza, and Felicitas María Bereterbide.
bomchil.com
marval.com
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