Cresud (CRESW) details first Series XL notes principal payment
Rhea-AI Filing Summary
Cresud S.A.C.I.F. y A. reports that it will begin paying the first principal installment on its Series XL fixed rate notes. These notes have outstanding capital of USD 38,210,127 and are due in 2026.
The company will pay capital of USD 12,609,341.91, corresponding to 33% of principal, with an effective payment date of December 22, 2025 for the period from December 21, 2022 to December 21, 2025. The payment will be made in ARS at the applicable exchange rate to noteholders registered as of December 19, 2025. The notes carry an annual nominal interest rate of 0%, so no interest is being paid in this installment.
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FAQ
What are Cresud (CRESW) Series XL notes and when do they mature?
Cresud’s Series XL Fixed Rate Notes are debt securities with outstanding capital of USD 38,210,127 that are stated as being due 2026.
How much principal is Cresud (CRESW) paying in the first Series XL installment?
Cresud is paying USD 12,609,341.91 as the first installment of capital, which represents 33% of the principal on its Series XL notes.
When will Cresud (CRESW) make the first principal payment on its Series XL notes?
The date of effective payment for the first principal installment on Cresud’s Series XL notes is December 22, 2025.
Who will receive the first Series XL principal payment from Cresud (CRESW)?
Capital will be paid to noteholders in whose name the notes were registered on December 19, 2025.
In what currency will Cresud (CRESW) pay the Series XL principal installment?
The first installment of capital on the Series XL notes will be paid in ARS at the applicable exchange rate, while the principal amounts are stated in USD.
Is Cresud (CRESW) paying interest with this Series XL installment?
No. The Series XL notes have an annual nominal interest rate of 0%, and the interest being paid is USD 0 with this installment.