Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria : Presentation Exchange Offer Series XXXV September 2021
September 02, 2021 at 12:22 pm EDT
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Series XXXV Notes
Presentation
September 2021
1
Offering size:
Currency:
SUMMARY OF THE OFFERING
USD 15 MM
(up to program maximum size)
September 2021
D
L
M
X
J
V
S
Marketing period
1
2
3
4
SERIES XXXV
Public Auction
5
6
7
8
9
10
11
Issue Date
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Dollar linked
26
27
28
29
30
Interest rate:
Maturity:
Amortization:
Suscription:
Price of issuance:
Fixed
36 months
25% at 24 months, 25% at 30 months and 50% at
36 months
Pesos at the "3500" exchange rate or in kind with
Series XXIX (suscription rate in kind 1.0034)
100% Nominal Value
Listing:
Governing Law:
Use of proceeds:
Joint-book runners:
BYMA y MAE
Argentine Law
Debt refinancing
Rating:
Minimum subscription:
(arg) FIX SCR S.A USD 200 x USD 1,00
2
ABOUT US
LEADING AGRICULTURAL COMPANY
Managing an approximately 800k ha portfolio in Argentina, and in
Brazil, Paraguay & Bolivia through our subsidiary Brasilagro.
DIVERSIFIED PORTFOLIO
Exposure to farmland in Argentina, Brazil, Paraguay and
Bolivia mitigates agribusiness risks.
PIONEER IN FARMLAND REAL ESTATE
State of the art farmer with proven track record rotating the
portfolio. Management of great experience and unique skills.
CONTROLLER OF IRSA
Largest diversified real estate company that manages a rental portfolio of more than 500k sqm of GLA in Argentina
STRONG CAPITAL MARKETS' TRACK RECORD
100%38.9%62.3%
Farms in
ARGENTINA
Regional Farmland
Real Estate
Brazil, Bolivia & Paraguay
50.1%22.3%
33.6%
Agricultural
Agribusiness
commercial services
Marketplace
Listed on BYMA since 1960 (CRES) and on NASDAQ since 1997 (CRESY). First argentine agricultural company to be listed abroad Argentina.
REGIONAL AGRICULTURAL PORTFOLIO
Brazil
153,368 ha
20%
Bolivia
10%
9,875 ha
1%
11%
Paraguay
59,585 ha28%
8%
Argentina
536,589 ha
71%
4%
40%
Hectares
56%
885,820
(Owned, LT
concession &
leased farms)
60%
48%
52%
40%
51%
4
FARMING BUSINESS
FY 2021
600
Maíz CBOT disponible en
540
+66%
500
US$/tt
(since Jun 30, 2020)
Soja CBOT disponible en
400 US$/tt
300
263
+98%
(since Jun 30, 2020)
Planted Area
200
(Th. ha)
100
11/18
02/19
05/19
08/19
11/19
02/20
05/20
08/20
11/20
02/21
05/21
74
BOOM OF COMMODITY PRICES
47
37
16
35%
30%
EE.UU
Mundo
Prom Mundo
Prom EEUU
Grain production
25%
23,5%
(Th. Tn)
20%
15%
133
105
69
10%
9%
5%
13
0%
01/02
12/13
20/21 ant
93/94
94/95
95/96
96/97
97/98
98/99 99/00
00/01
02/03 03/04
04/05
05/06
06/07 07/08
08/09 09/10
10/11 11/12
14/15 16/17 18/19
20/21 Act.
248 259
213
844
183
202
205
813
142
612
596 589
41 49
23
435
322
187
156
70
SOYBEAN: US & THE WORLD STOCK / CONSUMPTION RATIO
PLANTED AREA & PRODUCTION - HISTORICAL RECORDS
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Cresud S.A.C.I.F. y A. published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 16:21:05 UTC.
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.