Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria : Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (Exact name of Registrant as specified in its charter) (Form 6-K)
05/20/2021 | 06:04am EDT
Cresud Sociedad Anónima, Comercial, Inmobiliaria,
Financiera y Agropecuaria
(Exact name of Registrant as specified in its charter)
(Translation of registrant´s name into English)
Republic of Argentina
(Jurisdiction of incorporation or organization)
Carlos Della Paolera 261
Buenos Aires, Argentina
(Address of principal executive offices)
Form 20-F ⌧Form 40-F ☐
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes oNo x
CRESUD S.A.C.I.F. and A.
REPORT ON FORM 6-K
Attached is the English translation of the letter filed with the Comision Nacional de Valores and Bolsas y Mercados Argentinos on May 19, 2021.
BUENOS AIRES, ARGENTINA - May 19, 2021 - Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (the 'Company') (NASDAQ: CRESY),reports that its Board of Directors has approved the extension for a period of one year of the loan granted by CRESUD to Inversiones Financieras del Sur S.A. ('IFISA'), a company controlled by Mr. Eduardo Sergio Elsztain, president of the Company, for the amount of 3,235,000 IRSA American Depositary Receipts ('IRSA ADRs'), maintaining the remaining agreed terms and conditions. Cresud kept the economic and political rights related to the IRSA ADRs.
Consulted the Audit Committee in the terms of Chapter III of the Regulations of the National Securities Commission, as well as articles 72 and 110 inc. h) of Section IV of Capital Market Law No. 26,831, and after analysing the feasibility of the transaction, it has issued a favourable opinion.
Cresud S.A.C.I.F. y A. published this content on 20 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2021 10:03:02 UTC.