Beccar Varela

Provision No. 357/2021 of the National Directorate for Consumer Defense and Consumer Arbitration (the “Provision”), published in the Official Gazette on May 31st, 2021, incorporated the following activities to the list of suppliers that are compelled to include within their web pages the “Cancel Services Button“: Subscription to savings plans; Insurance services; Timeshare accommodation services; Subscription to streaming or digital distribution of multimedia content. The “Cancel Services Button”, in force since May 28th, 2021, was created by Resolution No...

Secretary of Commerce Resolution No. 485/2021, published in the Official Gazette on May 12th, 2021, regulates subsection C) of Article 7 of Law of Supermarket Shelves No. 27,545 [1], which establishes that the cheapest products per unit of measure must be situated at an equidistant height between the first and last shelf. The Resolution establishes that the value to be considered is the lowest in the price list offered to the consumer on a “non-transitory basis”, i.e., the lowest price may not arise from offers, bonuses, or discounts of any kind and it establishes the list of products that are included in the Resolution for its commercialization in retail stores [2]...

Buenos Aires, September 28th, 2022. Hijos de Salvador Muñoz S.A. ("Salvita" or “HSM”, indistinctly) issued in the local capital market Class II-Series I Notes, denominated in U.S. Dollars, to be integrated and payable in Pesos, for a total nominal amount of US$10,000,000 (the “Class II Series I Notes”). The issuance of Class II Series I Notes was made under the company’s Global Program of up to US$50,000,000...

Buenos Aires, September 22nd, 2022. On September 12th, Banco de Galicia y Buenos Aires S.A.U. (“Banco Galicia”) issued Class XII Notes, payable in Argentine Pesos, for a total nominal amount of AR$5,829,400,000. The issuance was carried out under CNV’s frequent issuer regime, within the frame of the Prospectus for the notes issuance in tranches for a maximum issuance amount of up to US$2,100,000,000 (CNV is the National Securities Commission, the official body responsible for the promotion and control of equity markets in Argentina)...