Legal counsel to Puente Hnos. S.A. and Nuevo Chaco Bursátil S.A., as co-arrangers and co-placement agents, and Banco de la Nacion Argentina, Global Valores S.A., Banco de Servicios y Transacciones S.A.U., GMC Valores S.A. and Schweber Securities S.A. as sub-placement agents, in the issuance of Province of Chaco’s Serie II Bonds (the “Serie II Bonds”), under the Province of Chaco’s Treasury Bonds Issuance Program for up to US$ 90,000,000. The payments due under the Serie II Bonds are secured by a collateral assignment over rights of the Province of Chaco arising from the Federal Tax Regime (Regimen de Coparticipación Federal). The Serie II Bonds were issued in an aggregate principal amount of AR$65,050,000,000, equivalents to approximately US$ 45,132,239 Principal under the Serie II Bonds is adjusted by the Wholesale Interest Rate (TAMAR) applied to fixed-term deposits denominated in Argentine pesos plus a 7.00% interest rate. The Serie II Bonds are due on January 30, 2027, and will be repaid in full on such date. The proceeds of the Serie II Bonds will be used exclusively to repay the debt service obligations maturing in February and March 2026, corresponding to loans obtained in 2019 and 2021 from the Financial Fund for the Development of the Rio de la Plata (FONPLATA) and the international bond issued in 2016 and restructured in 2021. Any remaining balance will be allocated to cover subsequent maturities.

Contact

Tte. Gral. J.D. Perón 537, 1st Floor
(C1038AAK) Ciudad de Buenos Aires, Argentina

(+54 11) 5272-1750

info@tavarone.com

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