Marval advises in the CNH Industrial Capital Argentina SA issuance of notes for USD 25,216,014

On May 21, 2025, CNH Industrial Capital Argentina SA issued its class 9 notes for a total amount of USD 25,216,014, which will bear a fixed interest rate of 8.25% and will mature on May 21, 2027. The notes were issued under the CNHI Capital’s Global Notes Program not convertible into shares for up to USD 200,000,000  (or its equivalent in other currencies or units of value).
The placement of the notes was carried out by Banco Santander Argentina SA and Banco de Galicia y Buenos Aires SAU as arrangers and placement agents; and by Banco Comafi SA, Balanz Capital Valores SAU, Macro Securities SAU, Industrial Valores SA, Puente Hnos. SA, Cocos Capital SA, and Industrial and Commercial Bank of China (Argentina) SAU  as Placement Agents.
CNHI Capital is a commercial company with a financing purpose within the CNH Industrial Group that offers Argentina SA and Iveco Argentina SA's customers and dealers financing to purchase new and used vehicles, and financing to the dealer network on its stock of units. It is a private company with more than 40 years of global experience, more than 20 years in Brazil and 10 years in Argentina, and a leader in the financial solutions for the acquisition of Industrial machinery and equipment.
The offer was directed to the local market and the notes have been authorized for listing on Bolsas y Mercados Argentinos SA and for negotiation in the A3 Mercados SA.
Marval O’Farrell Mairal advised CNHI Capital through team led by partners Gabriel Matarasso and Sergio Talamo, together with associates Juan Pablo Lentino, Agustin Ponti, and Sebastian Swinnen.