Hogar y Tecnología, a leading company in the home appliances and technology sector in Argentina, announced today the successful closing of its Negotiable Obligations (ON) offering for a total amount of $1,000 million, reaching an excess demand of 70% over the maximum amount to be issued.

The issue, which had the support of Banco Supervielle and BBVA, generated strong interest in the institutional market. Both entities acted as organizers, placement agents and guarantors. 13 Common Investment Funds participated in the issue, presenting a total of 17 bids for an amount greater than $1,700 million, compared to an offered amount of $1,000 million. This result reflects the market's solid confidence in the company's trajectory and growth prospects.

“We are very satisfied with the reception our issue has had in the capital market,” affirmed Matías Gorrini, president of Home & Technology. “The 70% oversubscription and the broad participation of institutional funds not only validate our strategy and the company's performance, but also provide us with the necessary resources to continue expanding our market presence and generating value for our shareholders.”

Hogar y Tecnología is a leading Argentine company in the marketing of household appliances and technological products for the home. With more than 120 active clients, among which Candy, LG, KitchenAID, Cusinart, among others, and more than 50 collaborators, the company has demonstrated exponential growth in recent years, consolidating itself as a benchmark in the sector.

The company's billing trajectory shows a notable acceleration, projecting sustained growth for the coming years, which adds to investor confidence.

“H&T's differential lies in its business philosophy, which combines the closeness and personalized treatment of traditional commerce with the agility and speed that modern markets demand,” highlight to the red “Our reputation in the market is based on excellence in customer service, product innovation and a firm commitment to quality”

Although the net funds obtained from this issue will be formally allocated to working capital, the company's strategic objective is twofold. On the one hand, this placement marks the beginning of a new stage for H&T in the capital market, seeking to increase its visibility and consolidate its presence in the stock market world.

On the other hand, the funds will be used to finance key milestones planned for 2025/2026, including:

• Expansion of the logistics center: To optimize distribution and support the growth in demand.
• Launch of new lines to strengthen your product catalog.
• Expansion in large retailers to position brands in the country's main chains

“These steps reaffirm the commitment of Hogar y Tecnología with its expansion plan and its vision of leadership in the Argentine market,” he concludes. to the red