Exhibit 99.1
Grupo Financiero Galicia S.A.
CUIT:30-70496280-7
September 9, 2019
Buenos Aires
To: Comisión Nacional de Valores (Argentine National Securities Commission)
Re: Notice of Material Event
To whom it may concern,
We are writing in order to inform you that a subsidiary of Grupo Financiero Galicia, Tarjeta Naranja S.A. (“Tarjeta Naranja”), has announced that due to the recent Argentine sovereign debt rating downgrade, Moody’s Investors Service and Fitch Ratings have each modified the applicable ratings of the Tarjeta Naranja’s Class XXXVII Notes, due on April 11, 2022, from “B2” to “Caa2” and from “B” to “CCC”, respectively.
Yours faithfully,
A. Enrique Pedemonte
Attorney in fact
Grupo Financiero Galicia S.A.
This document constitutes an unofficial translation into English of the original document in Spanish, which document shall govern in all respects, including with respect to any matters of interpretation.
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