Counsel in Celulosa Argentina S.A.’s issuance of Class 13 Notes for U$S 60,034,015 under the Global Program of Notes for an amount of up to U$S 280,000,000, solely payable through the tender of Class 10 Notes. Puente Hnos. S.A. and Banco de Servicios y Transacciones S.A. acted as placement agents of the Class 13 Notes.

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