Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria : Price Supplement Note Series XXX
August 28, 2020 at 10:03 am EDT
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Price Supplement Note Series XXX
We report the following financial information for the Note Series mentioned.
Note Series XXX
Amount: USD 25,003,706
Issuance Price: 100.0% face value
Fixed Interest Rate: 2.0%
Issuance Date: August 31, 2020
Maturity Date: August 31, 2023
Estimated Duration: 2.9 years
Interest Installments: Quarterly payments starting November 30, 2020
Principal Installment: In one payment on August 31, 2023
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Cresud S.A.C.I.F. y A. published this content on 28 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 August 2020 14:03:05 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.