DEBT SECURITIES (Tables)
|
3 Months Ended |
Mar. 31, 2025 |
|---|
| Disclosure of Unsubordinated Debt Securities Outstanding [Abstract] |
|
| Summary of Breakdown of the Global Programs for the Issuance of Debt Securities outstanding |
The current Global Issuance Programs for Debt Securities are detailed below: | | | | | | | | | | | | | | | | | | | Company | Authorized Amount(*) | Type of Debt Security | Program Term | Approval Date by the S. Meeting/Board of Directors | CNV Approval | | Grupo Financiero Galicia S.A. | US$ | 100,000 | | Simple, non- convertible into shares | 5 years | 03.09.09 ratified on 08.02.12 | Resolution No. 16,113 dated 04.29.09 and extended by: Resolution No. 17,343 dated 05.08.14, Resolution No. DI-2019-63-APN- GE#CNV dated 08.06.19 and Resolution N° DI-2024-47-APN-GE#CNV dated 06.18.24. Authorization of Increase, Resolution No. 17,064 dated 04.25.13. | | Banco de Galicia y Buenos Aires S.A.U. | US$ | 2,100,000 | | Simple, non- convertible into shares, subordinated or not, adjustable or not, with or without | 5 years | 04.28.05, 04.14.10, 04.29.15, 11.09.16 and 04.28.20 | Resolution No. 15,228 dated 11.04.05 and extended by Resolution No. 16,454 dated 11.11.10, Resolution No. 17,883 dated 11.20.15 and Resolution No. DI-2020-53-APN-GE#CNV dated 11.24.20. Increase of the amount approved by Resolutions No. 17,883 dated 11.20.15, No. 18,081 dated 06.10.16, No. 18,840 dated 01.26.17 and No. 19,520 dated 05.17.18. | | Banco de Galicia y Buenos Aires S.A.U. | US$ | 1,000,000 | | Simple, non- convertible into shares | — | 04.25.19 | Frequent Issuer Registration No. 11, granted by Resolution No. RESCFC-2019-2055-APN- DIR#CNV, dated 11.13.19 of the CNV’s Board of Directors. Decrease of the amount approved by Resolution No. DI-2023-23-APN-GE#CNV dated 05.24.23. Increase of the amount approved by Resolution No. DI-2024-23-APN-GE#CNV dated 04.26.24. | | Tarjeta Naranja S.A.U. | US$ | 1,000,000 | | Simple, non- convertible into shares | 5 years | 03.08.12 | Resolution No. 15,220 dated 07.14.05 and extended by Resolution No. 17,676 dated 05.21.15 and Regulation No. DI2020-20- APNGE#CNV dated 03.18.20. Increase in the amount approved by Resolutions No. 15,361 dated 03.23.06, No. 15,785 dated 11.16.07, No. 16,571 dated 05.24.11, No. 16,822 dated 05.23.12 and 19,508 dated 05.10.18. | | Tarjeta Naranja S.A.U. | US$ | 250,000 | | Simple, non- convertible into shares | — | 05.19.22 | Frequent Issuer Registration granted by Provision No. DI-2022-39-APN-GE#CNV dated 07.22.22 |
(*) Or its equivalent in any other currency.
|
| Summary of Unsubordinated Debt Securities Outstanding Issued Under the Global Programs |
Among the Global Programs detailed in the preceding chart, the following issuances of Non- subordinated Debt securities, net of repurchase of own Debt Securities, are effective as of March 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Company | Placement Date | Class No. | Face Value | Term | Maturity Date | Rate | Book value (*) at 03.31.25 | | In Argentine pesos | | | | | | | | | | Banco Galicia | 12.02.24 | XVIII | 23,496,247 | 149 days | 04.30.25 | | 3.00% | 25,420,328 | | Banco Galicia | 12.20.24 | XX | 35,088,750 | 12 months | 12.27.25 | Badlar + | 2.70% | 33,185,352 | | Banco Galicia | 02.06.25 | XXI | 79,786,900 | 12 months | 02.10.26 | Badlar + | 2.75% | 80,289,309 | | Tarjeta Naranja S.A.U. | 08.22.24 | LXII | 30,000,000 | 9 months | 05.26.25 | Badlar + | 5.50% | 29,960,214 | | Tarjeta Naranja S.A.U. | 11.21.24 | LXIII | 179,163 | 372 days | 11.28.25 | | 6.25% | 192,075,700 | | In foreign Currency | | | | | | | | | | Banco Galicia | 10.03.24 | XVI | 325,000 | 49 months | 10.10.28 | | 7.75% | 357,124,259 | | Banco Galicia | 11.01.24 | XVII | 83,478 | 6 months | 04.30.25 | | 2.00% | 86,016,916 | | Banco Galicia | 12.02.24 | XIX | 97,749 | 184 days | 06.04.25 | | 4.25% | 105,054,864 | | Banco Galicia | 02.06.25 | XXII | 73,823 | 6 months | 08.10.25 | | 4.15% | 79,046,404 | | Banco Galicia | 03.07.25 | XXIII | 69,887 | 266 days | 11.28.25 | | 4.75% | 66,298,515 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | 1,054,471,861 | |
(*) Includes principal and interest. Among the Global Programs detailed in the preceding chart, the following issuances of Non- subordinated Debt Securities, net of repurchase of own Debt Securities, were effective as of December 31, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Company | Placement Date | Class No. | Face Value | Term | Maturity Date | Rate | Book value (*) at 12.31.24 | | In Argentine pesos | | | | | | | | | | Banco de Galicia y Bs.As. S.A.U. | 09.17.24 | XIV | 44,640,963 | 6 months | 05.08.25 | Badlar + | 4.50% | 49,237,385 | | Banco de Galicia y Bs.As. S.A.U. | 09.17.24 | XV | 42,106,850 | 6 months | 03.31.25 | Badlar + | 3.95% | 50,411,430 | | Banco de Galicia y Bs.As. S.A.U. | 12.02.24 | XVIII | 23,476,247 | 147 days | 04.30.25 | | 3.00% | 25,062,331 | | Banco de Galicia y Bs.As. S.A.U. | 12.20.24 | XX | 35,088,750 | 12 months | 12.27.25 | Tamar + | 2.70% | 34,776,605 | | Tarjeta Naranja S.A.U. | 02.05.24 | LXI | 35,000,000 | 366 days | 02.05.25 | Badlar + | 3.50% | 39,366,856 | | Tarjeta Naranja S.A.U. | 08.26.24 | LXII | 35,000,000 | 270 days | 05.23.25 | Badlar + | 5.50% | 32,631,030 | | In foreign Currency | | | | | | | | | | Banco de Galicia y Bs.As. S.A.U. | 10.03.24 | XVI | 325,000 | 48 months | 10.10.28 | | 7.75% | 365,522,460 | | Banco de Galicia y Bs.As. S.A.U. | 11.01.24 | XVII | 83,478 | 177 days | 04.30.25 | | 2.00% | 92,525,950 | | Banco de Galicia y Bs.As. S.A.U. | 12.02.24 | XIX | 97,749 | 6 months | 06.04.25 | | 4.25% | 108,666,563 | | Tarjeta Naranja S.A.U. | 11.26.24 | LXIII | 179,163 | 367 days | 11.28.25 | | 6.25% | 199,252,580 | | Total | | | | | | | | 997,453,190 | |
|
| Summary of Repurchases of Own Debt Securities |
The repurchases of own Debt securities as of the indicated dates are detailed below: | | | | | | | | | | | | | Company | Class No. | NV as of 03.31.25 | Book value (*) at 03.31.25 | | Banco de Galicia y Bs.As. S.A.U. | XVI | 535,985 | 689,443 | | Banco de Galicia y Bs.As. S.A.U. | XIX | 196,095 | 207,918 | | Banco de Galicia y Bs.As. S.A.U. | XXII | 157,275 | 618,498 | | Tarjeta Naranja S.A.U. | LXIII | 315,115 | 341,708 | | Tarjeta Naranja S.A.U. | LXII | 1,027,871 | 1,060,422 | | Banco de Galicia y Bs.As. S.A.U. | XX | 2,250,000 | 2,169,990 | | Banco de Galicia y Bs.As. S.A.U. | XXI | 2,828,000 | 2,947,624 | | Banco de Galicia y Bs.As. S.A.U. | XVII | 4,000 | 4,443,875 | | Banco de Galicia y Bs.As. S.A.U. | XXIII | 8,250 | 8,886,342 | | | | | | | | | | Total | | | 21,365,820 |
(*) Includes principal and interest. | | | | | | | | | | | | | Company | Class No. | NV as of 12.31.24 | Book value (*) at 12.31.24 | | Tarjeta Naranja S.A.U. | XIV | 1,700,000 | 2,009,480 | | Tarjeta Naranja S.A.U. | XV | 330,000 | 424,380 | | Tarjeta Naranja S.A.U. | XVI | 311 | 424,643 | | Tarjeta Naranja S.A.U. | XVII | 1,231 | 1,617,398 | | | | | | Tarjeta Naranja S.A.U. | XIX | 881 | 1,150,977 | | Tarjeta Naranja S.A.U. | XX | 2,250,000 | 2,442,805 | | Tarjeta Naranja S.A.U. | LXI | 854,376 | 1,049,130 | | Tarjeta Naranja S.A.U. | LXII | 1,027,871 | 1,163,427 | | Tarjeta Naranja S.A.U. | LXIII | 848 | 1,107,952 | | Total | | | 11,390,192 |
|