“Credimas Serie 20” Financial Trust for AR$ 72 million

Deal counsel in the issuance and placement in Argentina of trust securities for AR $72,000,000 issued under the “Credimas Serie 20” Financial Trust, in which Banco Supervielle S.A. acted as arranger and placement agent, TMF Trust Company (Argentina) S.A. acted as financial trustee and Credimas S.A. acted as servicing and custody agent. (2014)