Argentine Agribusiness Giant Cresud Maintains Strong 8% Yield on USD Bonds
Rhea-AI Filing Summary
Cresud has announced the upcoming payment of the sixth interest installment for its Series XXXVIII Fixed Rate Notes. The payment details include:
- Principal amount: USD 70,567,356
- Interest payment: USD 2,799,494.01
- Annual interest rate: 8.00%
- Payment date: July 3, 2025
- Interest period: January 3, 2025 to July 3, 2025
The interest payment will be distributed to noteholders registered as of July 2, 2025, through payment agent Caja de Valores S.A. These notes, originally issued on July 8, 2022, are due in 2026. This regular interest payment demonstrates Cresud's continued servicing of its debt obligations and provides transparency to investors regarding its fixed-income securities.
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FAQ
When is CRESY's next interest payment due for Series XXXVIII Notes?
What is the interest amount CRESY will pay for Series XXXVIII Notes in July 2025?
What is the total outstanding principal amount of CRESY's Series XXXVIII Notes?
When was CRESY's Series XXXVIII Notes originally issued?
What is the record date for CRESY's July 2025 interest payment?