Legal counsel to Banco del Chubut S.A., as arranger, placement and financial agent, and to Puente Hnos. S.A. as placement agent, in the issuance of Province of Chubut’s Series XLVII Treasury Notes. The Treasury Notes Series XLVII are secured by certain rights of the Province of Chubut to receive amounts under the federal tax co-participation regime and were issued for AR$ 340,810,000 fixed rate equivalents to 32% annual nominal, due on June 26, 2020.