We advised the placement agents on the issuance of debt securities by the Province of Mendoza for AR$446,213,630,915.
On April 10, 2026, the Province of Mendoza issued: (i) Class 1 CER-Linked Debt Securities in the amount of ARS 296,967,482,314, maturing on April 10, 2028; and (ii) Class 2 CER-Linked Debt Securities in the amount of ARS 149,246,148,601, maturing on April 10, 2029. The Debt Securities were issued under the Prospectus dated April 6, 2026.
The Debt Securities will accrue interest on a quarterly basis and are secured by funds derived from the Federal Tax Revenue Sharing regime (Coparticipación Federal de Impuestos).
Banco de Galicia y Buenos Aires S.A., Banco Patagonia S.A. and Banco de Servicios y Transacciones S.A.U. acted as Joint Bookrunners and Placement Agents, and Facimex Valores S.A., Banco de la Nación Argentina and Max Capital S.A. acted as Placement Agents in the transaction.
Legal advisors to the Province
DLA Piper Argentina advised the Province of Mendoza through partner Justo Segura, associates Federico Vieyra and Ignacio Comparato, and paralegal Maia Klein.
Legal advisors to the Placement Agents
Bruchou & Funes de Rioja advised Banco de Galicia y Buenos Aires S.A., Banco Patagonia S.A., Banco de Servicios y Transacciones S.A.U., Facimex Valores S.A., Banco de la Nación Argentina and Max Capital S.A. through partner Alejandro Perelsztein and associates Sebastián Pereyra Pagiari and Micaela Zárate.
