TCA Tanoira Cassagne advised on the issuance of Series I Notes of BLM Desarrollos S.A.

TCA Tanoira Cassagne advised BLM Desarrollos S.A. as issuer (the "Issuer") and Banco CMF S.A. as placement agent (the "Placement Agent") in the issuance of the Series I Notes with a nominal value of ARS 2.000,000,000; denominated and payable in Argentine Pesos, which will accrue interest at a floating rate equal to the TAMAR rate plus a 4.25% margin, maturing on June 6, 2027 (the "Notes").

The Notes will be issued on June 6, 2025 and are fully guaranteed by Banco CMF S.A. in their capacity as guaranteeing entity (the "Guaranteeing Entity") authorized by the National Securities and Exchange Commission (CNV for its acronym in Spanish).

BLM Desarrollos S.A. is a financial company dedicated to providing financing to micro, small, and medium-sized companies (MiPyME/PyME for its acronym in Spanish) through the discounting of third-party checks and commercial invoices. Its current activity focuses exclusively on credit services, additionally, among its secondary activities, the company includes the development of a business line focused on real estate projects.

Deal counsels: TCA Tanoira Cassagne through a team led by Partners Alexia Rosenthal and Jaime Uranga, and Associates Juan Manuel Simó and Ana Belén Heinrich.

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