IRSA Inversiones y Representaciones Sociedad Anónima Issue Notes in the Local Capital Markets for a Total Amount of USD 90.0 Million
January 27, 2023 at 09:30 am EST
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IRSA Inversiones y Representaciones Sociedad Annima announced that it has issued notes in the local capital markets for a total amount of USD 90.0 million. Notes Series XV. Amount Issued: USD 61,748,700. Issuance Date: January 31, 2023. Maturity Date: March 25, 2025. Proration Factor: 50.6117%. Issuance Price: 100.0% Face Value.
Interest Rate and payments: 8.00% fixed with semiannual payments. Estimated Average Life: 2.1 years. Amortization schedule: Bullet at maturity. Notes Series XVI. Amount Issued:USD 28,251,300. Issuance Date: January 31, 2023. Maturity Date: July 25, 2025. Issuance Price:100.0% Face Value. Interest Rate and payments: 7.00% fixed with semiannual payments. Estimated Average Life: 2.5 years Amortization schedule: Bullet at maturity Funds will be used to cancel Series II Notes.
IRSA Inversiones y Representaciones Sociedad Anonima is a holding company. The Company invests on its own behalf and through investee companies in companies operating in various sectors of the Israeli and global economy. The Company's segments are Cellcom, which includes cellular telephone services, content and added value services, other services and revenues from the sale of end user equipment in the cellular field; Property and Buildings and projects in Las Vegas, which includes the rental of income-generating properties and residential buildings; Shufersal, which includes retail and the rental of income-generating properties; Adama, which includes the sale of agro products and non-agro products; Clal Insurance Enterprise Holdings, which operates through subsidiary companies in the fields of insurance, pensions and provident funds, in the field of financial services and in the holding of assets and real businesses, and Others.
IRSA INVERSIONES Y REPRESENTACIONES SOCIEDAD ANÓNIMA 
