Cresud to redeem Series XLIX notes a year early
CRESUD INC (CRESY) reports that it has decided to exercise its option to redeem in full its outstanding Series XLIX Notes, which were originally due on September 2, 2027.
Rhea-AI Filing Summary
CRESUD INC (CRESY) reports that it has decided to exercise its option to redeem in full its outstanding Series XLIX Notes, which were originally due on September 2, 2027. The redemption will occur on September 4, 2026, in line with the terms of the related Prospectus Supplement.
The redemption price will be 100% of the outstanding principal amount of the Series XLIX Notes, plus accrued and unpaid interest as of the redemption date. This action retires this debt earlier than its stated maturity under the contractual optional redemption terms.
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Key Figures
Redemption price: 100% of the outstanding principal amount
Accrued and unpaid interest: Accrued and unpaid interest as of the redemption date
Original maturity date: September 2, 2027
+1 more
4 metrics
Redemption price
100% of the outstanding principal amount
Redemption of Series XLIX Notes on September 4, 2026
Accrued and unpaid interest
Accrued and unpaid interest as of the redemption date
Added to 100% principal for Series XLIX Notes redemption
Original maturity date
September 2, 2027
Stated maturity of Series XLIX Notes before early redemption
Redemption date
September 4, 2026
Effective date for full redemption of Series XLIX Notes
Key Terms
Series XLIX Notes, Prospectus Supplement, accrued and unpaid interest, redemption price
4 terms
Series XLIX Notes financial
"its option to redeem in full the outstanding Series XLIX Notes due"
Prospectus Supplement regulatory
"terms and conditions set forth in the Prospectus Supplement for the Series"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
accrued and unpaid interest financial
"plus accrued and unpaid interest as of the redemption date"
Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.
redemption price financial
"The redemption price will be 100% of the outstanding principal amount"
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.
FAQ
What corporate action did CRESY announce in the August 2026 Form 6-K?
CRESUD INC announced it will exercise its option to redeem in full its outstanding Series XLIX Notes, originally due September 2, 2027, with the redemption scheduled for September 4, 2026 under the terms of the Series XLIX Prospectus Supplement.
When will CRESY’s Series XLIX Notes be redeemed?
CRESUD INC states that the outstanding Series XLIX Notes will be redeemed on September 4, 2026, pursuant to its optional redemption right and in accordance with the terms and conditions described in the Prospectus Supplement for those notes.
At what price will CRESY redeem the Series XLIX Notes?
The Series XLIX Notes will be redeemed at 100% of the outstanding principal amount, plus accrued and unpaid interest as of the September 4, 2026 redemption date, consistent with the contractual terms for those notes.
What is the original maturity date of CRESY’s Series XLIX Notes?
CRESUD INC discloses that the Series XLIX Notes were originally scheduled to mature on September 2, 2027. The company is choosing to redeem them early on September 4, 2026 under its optional redemption rights.
Does the CRESY filing specify the legal basis for the Series XLIX Notes redemption?
Yes. CRESUD INC indicates that the redemption will be carried out in accordance with the terms and conditions set forth in the Prospectus Supplement for the Series XLIX Notes, which governs the optional redemption mechanics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
