Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera Y Agropecuaria Will Start Payment of the Seventh Installment of Interests Related to the Series Xxxii Notes Issued on August 31, 2020
May 23, 2022 at 10:49 am EDT
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Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria informed that on May 31, 2022, will start the payment of the seventh installment of interests related to the Series XXX Notes issued on August 31, 2020. Date of effective payment: May 31, 2022. Number of service to be paid: Seventh installment of interests.
Period comprised by the payment: February 28, 2022/May 31, 2022. Concept of payment: Interests (100%). Outstanding Capital: USD 25,003,706.
Annual Nominal Interest Rate: 2.00%. Interest being paid" USD 126,046.08.
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera Y Agropecuaria Will Start Payment of the Seventh Installment of Interests Related to the Series Xxxii Notes Issued on August 31, 2020