IRSA (IRS) schedules USD 19.2M interest payment on 8.00% 2035 Series XXIV notes
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
IRSA Inversiones y Representaciones Sociedad Anónima reports that it will pay the second interest installment on its Fixed Rate Series XXIV Notes on March 31, 2026. These notes have a principal amount of USD 480,454,198, due in 2035, and bear an annual nominal interest rate of 8.00%.
For this period, IRSA will pay interest of USD 19,218,167.92 in cash, with no principal amortization, so the capital outstanding remains USD 480,454,198. Interest will be paid in U.S. dollars through The Bank of New York Mellon to holders of record as of March 30, 2026.
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FAQ
What interest payment did IRSA (IRS) announce on its Series XXIV Notes?
IRSA will pay the second interest installment on its Fixed Rate Series XXIV Notes, totaling USD 19,218,167.92. These notes have a principal of USD 480,454,198 and carry an annual nominal interest rate of 8.00%, with no principal repayment in this installment.
When will IRSA (IRS) make the next interest payment on its Series XXIV Notes?
IRSA plans to make the second interest payment on its Series XXIV Notes on March 31, 2026. The payment covers the interest period stated in the notice and is part of the ongoing servicing of its 2035-maturity fixed rate notes.
What is the principal and interest rate of IRSA (IRS) Series XXIV Notes?
IRSA’s Series XXIV Notes have a principal amount of USD 480,454,198 and an annual nominal interest rate of 8.00%. They are fixed rate notes due in 2035, with periodic interest installments such as the one described in this notice.
Will IRSA (IRS) repay any principal on the Series XXIV Notes with this payment?
No principal will be repaid with this installment; IRSA is only paying interest. The capital being paid is listed as “-”, and the capital outstanding remains USD 480,454,198 after this second interest payment on the Series XXIV Notes.
In what currency and through which agent will IRSA (IRS) pay the Series XXIV interest?
The interest will be paid in U.S. dollars (USD) through The Bank of New York Mellon as payment agent. Holders whose names appear on the register as of March 30, 2026 will receive this second interest installment.
Who is eligible to receive IRSA (IRS) Series XXIV interest on March 31, 2026?
Interest will be paid to those in whose name the Series XXIV Notes are registered as of March 30, 2026. The registrar’s records determine entitlement, and the payment corresponds to the second interest installment on these fixed rate notes.