Cerolini & Ferrari Abogados advised on the issuance of Series I Negotiable Obligations by Urbano Express Argentina S.A.

Agustín Cerolini, Martín Chindamo, Tomás Mingrone, Valentina Circolone and Marcos Mc Lean

TCA Tanoira Cassagne advised Urbano Express Argentina S.A. as issuer (the “Issuer”), and Cerolini & Ferrari Abogados advised Banco de Galicia y Buenos Aires S.A., Banco BBVA Argentina S.A., Banco Supervielle S.A. and Banco Comafi S.A. in their capacity as arrangers, placement agents and guarantee entities (the “Arrangers and Guarantee Entities”), and Allaria S.A., AdCap Securities Argentina S.A., ST Securities S.A.U., Option Securities S.A. and Zofingen Securities S.A. in their capacity as placement agents (together with the Arrangers and Guarantee Entities, the “Placement Agents”), in the issuance of Series I notes for an aggregate amount of AR$20,000,000,000, denominated and payable in Argentine Pesos, maturing on October 13, 2027 and which accrue interest at a floating rate equal to the Private TAMAR Rate plus a 4.46% margin, issued under the Low-Impact Public Offering Regime with Automatic Authorization (the “Notes”).

The Notes are fully guaranteed by Banco de Galicia y Buenos Aires S.A. (35%), Banco BBVA Argentina S.A. (30%), Banco Supervielle S.A. (20%) and Banco Comafi S.A. (15%), as Guarantee Entities authorized by the National Securities and Exchange Commission

URBANO EXPRESS ARGENTINA S.A. is one of the leading postal, logistics, warehousing and fulfillment companies in Argentina. With more than 20 years of experience, it provides solutions to both businesses and consumers through 50 branches nationwide, 400 pick-up points and a fleet of 1,100 vehicles.

Legal Counsel of the Issuer: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Jaime Uranga; and Associates Juan Manuel Simó and Juan Hernán Bertoni.

 

Legal Counsel of the Arrangers, Placement Agents and Guarantee Entities: Cerolini & Ferrari Abogados through a team led by Partners Agustín Cerolini and Martín Chindamo and Associates Tomas Mingrone, Valentina Circolone and Marcos Mclean.