NEWS

Marval O’Farrell Mairal advised on a new issuance by PSA Finance Argentina Compañía Financiera S.A. under its Global Notes Program

March 5, 2026

Marval advised the arrangers and placement agents and the placement agents in the issuance of Series No. 37 Notes denominated, subscribed and payable in Pesos, at a variable interest rate equal to the arithmetic sum of the Private TAMAR Rate and the 4.75% Cut-Off Margin, maturing on May 26, 2027, for a total amount of ARS 19,884,375,000 (the “Series 37 Notes”); and Series No. 38 Notes denominated, subscribed and payable in Pesos, at a fixed effective monthly interest rate of 2.70%, maturing on March 26, 2027, for a total amount of ARS 4,724,444,444 (the “Series 38 Notes” and, together with the 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, prioritizing a better administration of funds and maximizing the benefits arising from the issuance.

Banco BBVA Argentina S.A. and Banco de Galicia y Buenos Aires S.A. acted as arrangers and placement agents. Banco Patagonia S.A., Banco Santander Argentina S.A., Macro Securities S.A.U. and Banco de Servicios y Transacciones S.A.U. acted as placement agents.

The Notes were authorized for listing on Bolsas y Mercados Argentinos S.A. and for trading on A3 Mercados S.A.

The Marval team was led by partner Sergio Tálamo, together with associates Pedro María Azumendi, Lautaro Penza and Felicitas María Bereterbide.