Crédito Directo S.A.´s AR$ 250,000,000 Class I & II Notes Issuance

Deal counsel in the issuance of Crédito Directo S.A.´s AR$ 250,000,000 Class I & II Notes under its $ 800,000,000 Global Notes Programme.

Banco de Servicios y Transacciones S.A. acted as arranger and placement agent. Banco Hipotecario S.A., Banco de Crédito y Securitización S.A., Puente Hnos. S.A. and Industrial Valores S.A. acted as placement agents.