Counsel to Banco Itaú Argentina S.A., Banco de Valores S.A., Allaria Ledesma & Cía. S.A., Balanz Capital Valores S.A.U., Itaú Valores S.A., Banco de Servicios y Transacciones S.A., Invertir en Bolsa S.A., Nuevo Chaco Bursátil S.A., PP Inversiones S.A., BACS Banco de Crédito y Securitización S.A. and Banco Hipotecario S.A., in the issuance of 360 Energy Solar S.A. 1.25% Series 1 Notes for US$ 20,000,000 due December 29, 2025, which qualify as Green Bonds, issued under the Global Notes Program for an amount of up to U$S100,000,000 (or its equivalent in other currencies or other unit value).
The proceeds from the placement will be used to finance the construction, installation, commissioning, operation, and maintenance of the Solar Park “La Rioja-Nonogasta II”.
The Series 1 Notes are pledged to a guarantee and payment trust in which Citibank N.A. (Argentine Branch) acts as trustee.
Banco Itaú Argentina S.A., Banco de Valores S.A., Allaria Ledesma & Cía. S.A., Balanz Capital Valores S.A.U. Itaú Valores S.A., Banco de Servicios y Transacciones S.A., Invertir en Bolsa S.A., Nuevo Chaco Bursátil S.A., PP Inversiones S.A., BACS Banco de Crédito y Securitización S.A. and Banco Hipotecario S.A. acted as placement agents of the Series 1 Notes. Banco Itaú Argentina S.A. also acted as main arranger and settlement agent, and Banco de Valores S.A. also acted as arranger for the Series 1 Notes.