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

Bruchou & Funes de Rioja - October 19, 2022

Bruchou & Funes de Rioja acted as legal advisor in the issuance of Crédito Directo S.A. Class XVIII Notes for an amount of Ps. 605,680,302 (the “Class XVIII 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 XVIII 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 XVIII 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 Adcap Securities Argentina S.A., Portfolio Investment 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.