The Company announces that it has issued notes in the local capital markets for a total amount equivalent to USD 50.0 million according to the following information:
Series XLI Notes
Amount Offered: ARS 4,147,329,600
Amount to be Issued: ARS 4,147,329,600
Currency: Argentine Pesos
Interest Rate: BADLAR + 3%
Issuance and Settlement Date: April 4, 2023
Maturity Date: October 4, 2024
Issuance Price: 100.00% Face Value
Interest payments: Quartely starting on July 4, 2023
Principal amortization: Bulllet at maturity
Series XLII Notes
Amount Offered: USD 50,855,801
Amount to be Issued: USD 30,045,566
Interest Rate: 0%
Issuance and Settlement Date: April 4, 2023
Maturity Date: May 4, 2026
Issuance Price: 100.00% Face Value
Principal amortization: 33% on October 4, 2025, 33% on January 4, 2026 and 34% at maturity date, on May 4, 2026
The funds will be used mainly to refinance short-term debt.