Cresud issues $40.4M in 6.25% notes due 2030
CRESUD INC (CRESY) announced the issuance of additional Series LIII notes in the Argentine local capital markets for a total amount equivalent to USD 40.4 million.
Rhea-AI Filing Summary
CRESUD INC (CRESY) announced the issuance of additional Series LIII notes in the Argentine local capital markets for a total amount equivalent to USD 40.4 million. The Amount to be Issued is USD 40,420,132, out of an Amount Offered of USD 42,837,820, with a fixed annual interest rate of 6.25%.
The notes are denominated in USD, priced at 102.88% of face value (including accrued interest from April 30, 2026 to August 31, 2026), and will be issued and settled on August 31, 2026, maturing on April 30, 2030. Interest will be paid first on January 30, 2027, then April 30, 2027 and semiannually thereafter, with principal repaid as a bullet at maturity. These Additional Series LIII Notes are fully fungible with the original Series LIII Notes issued on April 30, 2026, sharing identical terms and conditions apart from issuance date and price.
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Key Terms
bullet at maturity financial
fungible financial
Additional Notes financial
local capital markets financial
FAQ
What type of financing did CRESY announce in this Form 6-K?
How much in Series LIII Additional Notes is CRESY issuing?
What are the key terms of CRESY’s new notes (coupon and maturity)?
When will CRESY’s Additional Series LIII notes be issued and at what price?
How often will CRESY pay interest on the new Series LIII Additional Notes?
Are CRESY’s Additional Series LIII Notes different from the original Series LIII Notes?
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