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 June 25, 2021.
BUENOS AIRES, ARGENTINA - June 25, 2021 - Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (the 'Company') (NASDAQ: CRESY),announces that it has issued notes in the local capital markets for a total amount of USD 35.7 million according to the following information:
Notes Series XXXIV
Amount Offered: USD 47,470,848
Amount Issued: USD 35,737,138.
Number of Offers Received: 3,332
Apportionment Factor of the Competitive Tranche: 85.7923%
Apportionment Factor of the Non-Competitive Tranche: 98.1604%
Issuance and Settlement Date: June 30, 2021
Maturity Date: June 30, 2024
Issuance Price: 100.00% Face Value
Interest Rate: 6.99% nominal annual
Interest payments: Semiannual starting on December 31, 2021
Principal maturity: The capital of the Series XXXIV Notes will be amortized in 3 annual installments, beginning on the first anniversary of the issue and settlement date, as indicated below:
33% of capital, 12 months after the Issue and Settlement Date, payable on June 30, 2022;
33% of capital, 24 months from the Issue and Settlement Date, payable on June 30, 2023;
34% of capital, on the Maturity Date.