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Beccar Varela advised FCA Compañía Financiera S.A. on the issuance of Class XX Notes in two series: Class XX Series I Notes (the “Series I Notes”) and Class XX Series II Notes (the “Series II Notes” and, together with the Series I Notes, the “Notes” or the “Class XX Notes”), issued under its global short, medium, and/or long-term notes program for a nominal value of US$100,000,000 (or its equivalent in other currencies, monetary units, or units of measure or value).
The Series I Notes, denominated in Pesos, were issued on November 29, 2024, for a nominal value of UVAs 6,540,000, equivalent to AR$8,233,140,600. The maturity date is May 29, 2027, with an annual nominal fixed interest rate of 8.84%.
The Series II Notes, also denominated in Pesos, were issued on the same date for a nominal value of AR$7,500,000,000. The maturity date is May 29, 2027, with an annual nominal fixed interest rate of 33.60%.
The Notes were locally rated “AA(arg)” by FIX SCR S.A. (a risk rating agency) in a report issued on November 27, 2024.
The Notes have been admitted for listing on Bolsas y Mercados Argentinos S.A. and authorized for trading on Mercado Abierto Electrónico S.A.
FCA Compañía Financiera S.A. acted as the issuer, while Banco BBVA Argentina S.A. and Banco de Galicia y Buenos Aires S.A. acted as organizers and placement agents. Additionally, Banco Comafi S.A., Banco Patagonia S.A., and Banco Santander Argentina S.A. participated as placement agents.
All parties were advised by Beccar Varela. Team led by partner Luciana Denegri, supported by María Victoria Pavani, Julián Alejandro Ojeda, Martina Puntillo, and Carlos Nicolás Saúl Lucero.·