17 Jun 25 Cerolini & Ferrari advised RDA Renting on its first issuance of notes under the Low-Impact Automatic Authorization Regime together with BST, Banco Supervielle, Banco de Valores, Banco Galicia and Fid Aval

By Agustín L. Cerolini, Martín Chindamo, Valentina Circolone and Tomás Mingrone

Cerolini & Ferrari Abogados advised RDA Renting S.A. (“RDA”) on its first issuance of notes under the Low-Impact Automatic Authorization Regime, for a value of $2.000.000.000 (the “Notes”). The issuance of the Notes took place on June 11, 2025, at a variable interest rate equivalent to the Tamar Rate with a cut-off margin of 6%, payable quarterly, and at an issuance price of 100% of the nominal value.

RDA is a company specialized in fleet management and vehicle renting. The services provided by the issuer include, among other matters: (i) professional advice to clients in the selection of their vehicles based on functionality and efficiency criteria, assessing financial proposals and market availability, and (ii) management of quotations, purchases, registration procedures and compliance with local regulations, as well as handling special processes such as vehicle wrapping, armoring, security systems, accessories, among others.

The offering was addressed to qualified investors in the local market and the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. (ByMA), and for listing and trading on A3 Mercados S.A. (A3).

Banco de Servicios y Transacciones S.A., Banco Supervielle S.A., Banco de Valores S.A. and Banco de Galicia y Buenos Aires S.A.U. acted as arrangers, placement agents and guarantor entities of the Notes. In turn, Fid Aval S.G.R. acted as guarantor entity. Lastly, Price Waterhouse & Co. Asesores de Empresas S.R.L. acted as financial advisor for the Notes issuance.

Internal legal advisors of BST.

Ana Vea Murguía and Melina Lozano

External legal counsel of RDA Renting, BST, Banco Supervielle, Banco de Valores, Banco Galicia and Fid Aval.

Cerolini & Ferrari Abogados

Partners Agustín L. Cerolini and Martín Chindamo and associates Valentina Circolone and Tomás Mingrone.