Loma Negra Compañía Industrial Argentina S.A. successfully completed the offering of ARS 25,636,250,000 (USD 133,261,858) Series 1 Notes

On February 22, 2023, Loma Negra Compañía Industrial Argentina S.A. issued Series 1 Notes for an amount of ARS 25,636,250,000 (equivalent to USD 133,261,858), denominated and payable in ARS at a floating annual interest rate equivalent to BADLAR plus 2%, due August 22, 2024. The Series 1 Notes were issued under the company’s USD 150,000,000 global notes program.

Loma Negra is the country’s leader on cement production and commercialization. The company will use the net proceeds from the issuance to increase its working capital in Argentina, as well as for financing its business operations in general.

Marval O’Farrell  Mairal –through a team led by partner Sergio Tálamo, together with associates Martín Iván Lanús and Juan Pablo Lentino– acted as legal counsel to Loma Negra. Luciano Babuin, Mikaela Badaracco, Guillermo Braun Vedoya, and Diego Jalon acted as in-house legal and financial advisors.