We advised the placement agents in the issuance of Mercado Pago’s Notes for US$50,854,527
TCA advised Mercado Pago Servicios de Procesamiento S.R.L. (“MPSP”), and Bruchou & Funes de Rioja advised Banco Santander Argentina S.A., Balanz Capital Valores S.A.U., Banco de Galicia y Buenos Aires S.A., Allaria S.A., Banco BBVA Argentina S.A., Industrial Valores S.A., Banco Patagonia S.A. and Macro Securities S.A.U. as placement agents, in the issuance of Series 2 Notes due on June 1th, 2026, denominated and payable in US dollars, maturing on June 1st, 2026, for an aggregate amount of US$ 50,854,527 and accruing interest at a fixed rate of 4.98% (the “Notes”).
The Notes were rated A1+(arg) by FIX SCR S.A. Credit Rating Agency (an affiliate of Fitch Ratings), and ML A-1.ar by Moody’s Local AR ACR S.A. Credit Rating Agency.
The Notes have been authorized for listing on A3 Mercados S.A. and Bolsas y Mercados Argentinos S.A.
MPSP is part of the Mercado Libre’s financial solutions ecosystem, which offers consumers and merchants a comprehensive portfolio of services that enable online and in‑person commerce, payment processing in both digital and physical environments, and a broad range of financial services to manage money simply and securely.
In 2020, MPSP was established as part of the Fintech ecosystem, operating as a Payment Service Provider in the acquirer category. Its main function is to provide payment processing and card transaction settlement services.
Legal Counsel of the Issuer: TCA through a team led by Partners Alexia Rosenthal and Ignacio Criado Diaz; and Associates: Carolina Mercero and Florencia Ramos Frean.
Asesores in-house: Paulina Rossi and Natalia Amateis.
Legal Counsel to the Placement Agents: Bruchou & Funes de Rioja‘s Banking & Capital Markets Department through a team led by Partners José Bazán and Leandro Belusci; and Associates Facundo Suárez Loñ and Victoria Negro.
