We advised on the issuance of notes by Crédito Directo S.A.

New Deal - August 17, 2022

Bruchou & Funes de Rioja acted as legal advisor in the issuance of Crédito Directo S.A. Class XVI Notes for an amount of Ps. 396,524,000 (the “Class XVI Notes“) under its Program for the Issuance of Notes for an amount of USD 24,000,000 (or its equivalent in other currencies or value units).

The Class XVI Notes have been admitted for listing on Bolsas y Mercados Argentinos S.A. (BYMA) and for trading on Mercado Abierto Electrónico S.A. (MAE). Fix Argentina has rated the Class XVI Notes as “A3(arg)”.

Crédito Directo S.A. is engaged in financial assistance to individuals through the granting of personal loans, being a leading company in this segment as a result of its service, technology and innovation.

Crédito Directo S.A. acted as issuer, Banco de Servicios y Transacciones S.A. as arranger and co-placement agent of the issuance and Balanz Capital Valores S.A.U., Macro Securities S.A., Banco Mariva S.A., SBS Trading S.A. and Banco de la Provincia de Córdoba S.A. as co-placement agents of the issuance.

Deal Counsel:

Bruchou & Funes de Rioja team led by Partner José María Bazán with the participation of associates Leandro Exequiel Belusci and Manuel Rodríguez Costi.