The Province of Buenos Aires Announces Satisfaction of Minimum Participation Condition

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LA PLATA, Argentina, Aug. 25, 2021 /PRNewswire/ -- The Province of Buenos Aires (the "Province") today announced that as of 5:00 p.m. Central European Time ("CET") on August 25, 2021, it had received Instructions pursuant to the Invitation Memorandum dated April 24, 2020 (as most recently amended on August 6, 2021, the "Invitation Memorandum") sufficient to exchange or substitute, pursuant to the terms of the Invitation, Eligible Bonds representing more than 90% of the aggregate principal amount outstanding of all Eligible Bonds. Therefore, assuming no withdrawals prior to the Expiration Time, the Minimum Participation Condition will be satisfied.  The Province does not intend to extend the Expiration, which is scheduled for 5:00 p.m. (CET) on Friday, August 27, 2021.  Capitalized terms used herein shall have the meaning ascribed to them in the Invitation Memorandum.