Argentina

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.

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.