#Argentina #Buenos Aires #Tender Offer #Banco Macro #Subordinated Notes

Banco Macro S.A. Concludes Cash Tender Offer

Buenos Aires, Argentina - Banco Macro S.A., commonly referred to as Macro, has concluded its cash tender offer for its outstanding 6.750% subordinated resettable notes due in 2026. As of February 10, 2026, the company announced the expiration and final results of this offer at 5:00 p.m. New York City time. This action follows the terms outlined in the offer to purchase document dated January 12, 2026.

The tender offer aimed to purchase any and all of the outstanding notes issued by Banco Macro, which have garnered significant attention from investors looking for opportunities to liquidate their holdings. The results indicate the total amount of notes that were tendered during the specified period, reflecting investor engagement with the offer.

As part of the offer process, Banco Macro received valid tenders from security holders, which were accepted for purchase. The final results provided a detailed breakdown of the notes validly tendered and their associated amounts. The table below summarizes the key figures from this offer:


On January 28, 2026, a preliminary settlement date, Banco Macro had already purchased $275,345,000 of notes from holders who submitted their tenders by the early tender date. These holders received total compensation of $1,010 per every $1,000 in principal amount of notes accepted.

For tenders that were submitted after the early tender date but before the final expiration date, the accepted amounts are subject to the late tender consideration, in addition to the accrued interest payments. Notably, the accrued interest will cover the period up to the final settlement date, which is set for February 11, 2026.

Investors should note that during the tender offer process, the deadline for withdrawing tenders has passed. This information highlights the firm timeline and expectations set forth by Banco Macro for those who participated in the offer.

Banco Macro engaged multiple institutions for this tender process, with Citigroup Global Markets, J.P. Morgan Securities, and Latin Securities acting as dealer managers, while Morrow Sodali International LLC was appointed as the information and tender agent. This collaboration ensured a streamlined approach for investors looking to manage their securities effectively.

In a broader context, this tender offer exemplifies strategic actions undertaken by financial institutions to optimize their capital structures and respond to market conditions effectively. For holders of the subordinated resettable notes, this offer was an opportunity to gain liquidity and manage their investment portfolios amid evolving market dynamics.

Banco Macro S.A. continues to navigate the complexities of the financial landscape in Argentina, providing notable insights into the bond market and financial service operations. For further inquiries, interested parties are directed to consult the official offer resources or contact the designated financial representatives directly.

Disclaimer: This announcement does not serve as an offer or a solicitation for acceptance of the offer to purchase notes, which was conducted exclusively under the defined terms and regulations. Additionally, all parties involved in this tender offer bear no responsibility for the accuracy or completeness of the information provided during this process. Investors are encouraged to carefully consider the details outlined in the offer documents before making any decisions.