Estudio O’Farrell and PAGBAM advises Scania Credit Argentina’s first notes
Estudio O’Farrell has advised Scania Credit Argentina on its first issuance of notes in the Argentine capital markets, marking a historic milestone in its financial and institutional development.
The issuance of Class 1 Notes, denominated and payable in U.S. dollars, took place on September 5, 2025, for a total amount of US$ 28,719,227, at a fixed annual nominal rate of 8.75% and maturing in September 2027. The result reflects investors’ confidence in the company’s financial strength and its long-term growth plan.
The Class 1 Notes were issued under the company’s Global Notes Program approved by the Argentine Securities Commission (Comisión Nacional de Valores), pursuant to Section IV, Chapter V, Title II of its Rules. The Notes were authorized for listing on Bolsas y Mercados Argentinos (BYMA) through the Buenos Aires Stock Exchange (BCBA), and for trading on A3 Mercados (A3).
PAGBAM advised Banco Santander Argentina as organizer and placement agent, and Banco Santander Argentina, Industrial and Commercial Bank of China (Argentina), Balanz Capital Valores S.A.U., Banco BBVA Argentina, Puente Hnos, PP Inversiones, Global Valores, Allaria and Adcap Securities Argentina, as placement agents.
Legal advice to Scania Credit Argentina was done by Estudio O’Farrell, led by partner Sebastián Luegmayer (pictured left), senior consultant Nicolás Fernández Madero and associate Irupé Martínez.
Internal legal advisors were Martín Garat and Verónica Monsalve.
Perez Alati, Grondona, Benites & Arntsen legal advised the organizer and the placement agents
led by partner Diego Serrano Redonnet (pictured right), counselor Nicolás Aberastury and associates Juan Ignacio Rodriguez Goñi, Tamara Friedenberger, Catalina Hermida Pini and Juan Hernán Bertoni.
