O’Farrell advised Scania Credit Argentina S.A.U. on the issuance of Class 2 Notes, denominated, subscribed and payable in U.S. dollars, for a total amount of US$ 40,979,825, bearing a fixed annual nominal rate of 7.49% payable quarterly, with the exception of the first interest payment date, which shall be paid on July 16, 2026. The principal of the Class 2 Notes shall be paid in eleven installments; the maturity and final installment payment shall be on January 16, 2029.
The Class 2 Notes were issued on January 16, 2026, under the company’s Global Notes Program approved by the Argentine Securities Commission (Comisión Nacional de Valores), pursuant to Section IV, Chapter V, Title II of its Rules. The Notes were authorized for listing on Bolsas y Mercados Argentinos S.A. (BYMA) through the Buenos Aires Stock Exchange (BCBA), and for trading on A3 Mercados S.A. (A3).
PAGBAM advised Banco Santander Argentina S.A. as organizer and placement agent, and Industrial and Commercial Bank of China (Argentina) S.A.U., Balanz Capital Valores S.A.U., Banco BBVA Argentina S.A., Banco de Galicia y Buenos Aires S.A., PP Inversiones S.A., Global Valores S.A. and Allaria S.A., as placement agents.
Legal advice to Scania Credit Argentina S.A.U.
O’Farrell: Partner Sebastián Luegmayer, Senior Consultant Nicolás Fernández Madero and Associates Irupé Martínez and Ignacio Agustín Reynoso.
Internal Legal Advisors: Martín Garat and Verónica Monsalve.
Legal advice to the Organizer and the Placement Agents
Perez Alati, Grondona, Benites & Arntsen: Partner Diego Serrano Redonnet, Counselor Nicolás Aberastury and associates Juan Ignacio Rodriguez Goñi, Tamara Friedenberger, and Catalina Hermida Pini.