Buenos Aires’ minimum participation condition has been satisfied

Chicago, Aug. 26 – The Province of Buenos Aires intends to conclude its bond exchange offer after more than a year when the offer expires at 11 a.m. ET on Aug. 27, according to a press release on Thursday.

The province has received instructions from bondholders representing more than 90% of the aggregate principal amount of eligible bonds, representing a satisfaction of the minimum participation condition.

Assuming there are no withdrawals, the offer will end on Friday and conclude an offer that started April 24, 2020.

BofA Securities, Inc. (888 292-0070 or 646 855-8988) and Citigroup Global Markets Inc. (800 558-3745 or 212 723-6106) are dealer managers for the offer.

D.F. King & Co. (PBA@dfkingltd.com; +44 20 7920 9700 or 212 232-3233; or https://sites.dfkingltd.com/PBA) is the exchange, tabulation and information agent.

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