Argentina
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Visa’s Argentinian Expansion: Acquiring Prisma Medios de Pago and Newpay
Visa Inc. is expanding its Latin American footprint by acquiring Argentine payment processors Prisma Medios de Pago and Newpay. This strategic move aims to bolster Visa’s market position, integrating Prisma’s established infrastructure with Newpay’s digital innovation. The acquisition is expected to enhance payment processing capabilities, drive digital transformation, and solidify Visa’s leadership in Argentina’s growing digital payments sector.
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Jaguar Uranium Launches $25 Million IPO
Jaguar Uranium has successfully raised $25 million through its IPO, pricing its shares at $4.00 each. The capital infusion will primarily fund exploration and development of its uranium assets in Argentina and Colombia, aiming to address the global uranium supply deficit. Shares are set to begin trading on NYSE American under the ticker JAGU on February 10, 2026. This move signifies investor confidence in the company’s strategy within the resurgent uranium market.
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Lithium South Extends Share Purchase Agreement with POSCO Argentina
Lithium South (LISMF) extended its Share Purchase Agreement with POSCO Argentina S.A.U. to December 5, 2025, for the US$65 million sale of NRG Metals Argentina S.A., which holds the Hombre Muerto North lithium project and related claims. The delay is due to air travel disruptions and holidays. The sale provides POSCO access to key lithium resources, while Lithium South may explore other projects. The project is located in Argentina’s “Lithium Triangle.”
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Banco Macro S.A. Announces Pricing of Medium Term Note Offering
Banco Macro S.A. announced the pricing of $400 million in Notes due 2029, yielding 8.000% annually. The fixed-rate notes, part of a larger financing program, mature on June 23, 2029, and were priced at 99.163%. Proceeds will fund strategic initiatives, including refinancing debt, capital expenditures, and acquisitions within Argentina, as part of a $1.5 billion debt securities issuance strategy. The Notes were not registered under U.S. securities laws.
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Grupo Financiero Galicia S.A. Announces Secondary Offering of American Depositary Shares Price
Grupo Financiero Galicia S.A. announced an underwritten secondary offering of 11,721,449 ADSs at $54.25 per ADS, led by HSBC. The offering is not authorized for public sale in Argentina. Proceeds benefit the selling shareholder, HSBC, not Galicia itself. Morgan Stanley and Goldman Sachs are the underwriters, with expected closing on June 12, 2025. Investors should note forward-looking statements and consult the SEC filings for more information.