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26 Feb 2026

Nicholson y Cano Advises on MEGABONO CRÉDITO 334 Financial Trust Formation and Debt Securities Issuance

"Nicholson y Cano advised CFN S.R.L. on the constitution of the MEGABONO CRÉDITO 334 Financial Trust and the issuance of fiduciary debt securities with a nominal value of ARS 20,846,945,117. The financing was obtained through the securitisation of peso-denominated consumer and personal loans. Banco de Valores acted as trustee and organizer; Banco Macro as organizer; First Corporate Finance Advisors as financial adviser; Banco de Valores, StoneX Securities and Macro Securities as placement agents."

Nicholson y Cano acted as legal counsel to CFN S.R.L. in the constitution of the MEGABONO CRÉDITO 334 Financial Trust and in the issuance of fiduciary debt securities. The transaction comprised the establishment of the MEGABONO CRÉDITO 334 Financial Trust and the public offering of fiduciary debt securities with a total nominal value of ARS 20,846,945,117. CFN S.R.L., as settlor under the trust, obtained financing through the securitisation of peso-denominated consumer and personal loans. The issuance was carried out under the public offering regime with automatic authorisation for frequent issuances. It comprised Class A fiduciary debt securities with a nominal value of ARS 18,697,775,517 and Class B fiduciary debt securities with a nominal value of ARS 2,149,169,600. Banco de Valores S.A. intervened as trustee and organizer; Banco Macro S.A. as organizer; First Corporate Finance Advisors S.A. acted as financial adviser; and Banco de Valores S.A., StoneX Securities S.A. and Macro Securities S.A.U. acted as placement agents. Nicholson y Cano represented CFN S.R.L. with a team composed by: partner Mario Kenny; associate Juan Martín Ferreiro; Teresa de Kemmeter; Jesica Pabstleben; and Milagros Sofía Salvatierra.
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