30 Oct 24 Cerolini & Ferrari advised in the second issuance of Paramérica S.A.

Agustín L. Cerolini, Martín Chindamo and Valentina Circolone

Cerolini & Ferrari Abogados advised Paramérica S.A. (“Paramérica”), Banco Macro S.A. (“Banco Macro”), Macro Securities S.A.U. (“Macro Securities”) and Adcap Securities Argentina S.A. (“Adcap”) in the second issuance of notes of Paramerica under the Régimen PyME CNV Garantizada for a value of $1.962.600.000 (the “Notes”).

Paramerica is dedicated to the purchase and sale of seeds in general, collection of cereals, oilseeds, fodder, grains and all fruits of the country, and to the agricultural production of hybrid and/or controlled seeds.

The company is the leader in Argentine black bean exports, serving the main Latin American markets.

On October 2024, Paramerca issued Series II of Notes for a value of $1.962.600.000 at a variable rate with a cut-off margin of 7,49% and at an issue price equivalent to 100% of the nominal value of the Notes.

The maturity date of the Notes will be October 2026, and their principal will be amortized in 3 consecutive half-yearly instalments, the first of which is due on October 22, 2025, the second on April 22, 2026 and the third and last maturity on October 22, 2026.

The offering was directed to the local market and the Notes have been authorized for listing and trading on the Mercado Abierto Electrónico S.A. (MAE) and Bolsas y Mercados Argentinos S.A. (ByMA)

Macro Securities acted as arranger, Macro Securities and Adcap acted as placement agents of the Notes. In addition, Banco Macro acted as guarantor of Notes.

Internal legal counsel of Banco Macro and Macro Securities

Rodrigo Covello, Valeria Lis Lopez Marti and Maria Paz Arrigoni Gonzalez

External legal counsel of Paramerica, Banco Macro, Macro Securities and Adcap

Cerolini & Ferrari Abogados

Partner Agustín L. Cerolini and associates Martín Chindamo and Valentina Circolone