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Cresud's Form 6-K: Key Insights on Series XLIV Notes & Upcoming Payments

$CRESY
Form 6-K
Filed on: 2025-01-10
Source
Cresud's Form 6-K: Key Insights on Series XLIV Notes & Upcoming Payments

Here are the key insights extracted from the provided financial report (Form 6-K) related to Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria:

  1. Document Type: This is a Form 6-K, a report filed by foreign companies to disclose information to the SEC.
  2. Report Date: The report is relevant for the month of January 2025.
  3. Principal Issuer: Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (a company incorporated in the Republic of Argentina).
  4. Payment Notice: The report includes a summary of the payment notice for the Series XLIV Fixed Rate Notes.
  5. Details of Notes:
  • Principal Amount: USD 39,765,830
  • Maturity Date: The notes are due in 2027.
  • Interest Rate: 6.00% per annum.
  • Interest Payment: The second installment of interest will be paid starting January 17, 2025.
  1. Payment Breakdown:
  • Total Interest Payment: USD 1,202,780.17
  • Effective Payment Date: January 17, 2025.
  • Payment Currency: USD.
  • Period Covered by Payment: From July 17, 2024, to January 17, 2025.
  • Outstanding Capital: The outstanding capital on the notes is USD 39,765,830.
  1. Payment Agent: Caja de Valores S.A. is designated as the payment agent for these notes.
  2. Interest Payment Eligibility: Interest payments will be made to the noteholders registered as of January 16, 2025.

This information indicates the financial obligations and key characteristics of the Series XLIV notes, providing investors and stakeholders with insights into the company's debt structure and upcoming payment obligations.