Legal counsel to the Province of Córdoba, as issuer, Banco de la Provincia de Córdoba S.A., as arranger and placement agent, and Banco de Servicios y Transacciones S.A., Puente Hnos. S.A., Banco Santander Argentina S.A., Banco Hipotecario S.A., Banco Comafi S.A., Banco de Galicia y Buenos Aires S.A.U., Balanz Capital Valores S.A.U. and Macro Securities S.A., as placement agents, in the issuance of Province of Córdoba’s Class 2 Bonds (the “Class 2 Bonds”), under the Province of Cordoba’s Treasury Bonds Issuance Program for up to US$350,000,000. The payments due under the Class 2 Bonds are secured by a collateral assignment over rights of the Province of Córdoba arising from the Federal Tax Regime (Regimen de Coparticipación Federal). The Class 2 Bonds were issued in an aggregate principal amount of AR$ 120,000,000,000 equivalents to approximately US$ 134,078,212. Principal under the Class 2 Bonds is adjusted by the Reference Stabilization Index (Coeficiente de Estabilización de Referencia) plus a 4.50% interest rate. The Class 2 Bonds are due on May 24, 2027, and are repaid in two (2) amortization installments on November 24, 2026, and May 24, 2027. The proceeds of the Class 2 Bonds will be applied by the Province of Córdoba to the financing of the execution of infrastructure projects that make up the investment plan for the fiscal year 2024.

Contact

Tte. Gral. J.D. Perón 537, 1st Floor
(C1038AAK) Buenos Aires, República Argentina

(+54 11) 5272-1750

info@tavarone.com

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