CCF Créditos 22 Financial Trust

TMF Trust Company (Argentina) S.A., in its capacity as financial trustee of CCF Créditos 22 Financial Trust (the “Trust”), has issued securities for a total amount of ARS 594,000,000. The issuance took place on November 12, 2019, including Debt Securities for ARS 469,260,000 (“Debt Securities”) and Certificates of Participation for Ar$ 124,740,000 (“CP” and together with the Debt Securities the “Securities”).

This transaction was authorized for public offering by the Comisión Nacional de Valores (the Argentine Securities Commission) and is listed in the Bolsas y Mercados Argentinos S.A. and Mercado Abierto Electrónico S.A.

The Trust was created under the Global Program “Cordial Companía Financiera”.

The settlor of the Trust is Cordial Compañía Financiera S.A., an Argentine financial institution.

The Trust holds all rights to receive the proceeds from the cashflow of the collection of personal loans granted by Cordial Compañía Financiera S.A.

FIX SCR S.A. Agente de Calificación de Riesgo assigned an “AAAsf (arg)” rating to Variable Rate Debt Securities and “BB+sf (arg)” to the Certificates of Participation.

Price Waterhouse & Co. S.R.L. is the Trust Auditor, Banco Supervielle S.A. is the Arranger and the Underwriter and SBS Trading S.A., Banco Patagonia S.A. and INTL CIBSA S.A. are the Underwriters.

Marval O’Farrell Mairal acted as the legal advisor of the transaction, with a team consisting of partner Roberto E. Silva, Jr. and associate Martín I. Lanús.