Raytheon awarded $71 million in Navy contracts for missile systems
Cresud (BCBA:CRESm) Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) reported Monday that it will issue notes in the Argentine local capital markets for a total of $43.7 million. The announcement was made in a press release statement and disclosed in a filing with the Securities and Exchange Commission.
The company said it offered $44.5 million in its Series XLVIII Notes and will issue $43.7 million. The notes will carry an interest rate of 8.00% and will be issued and settled on July 11, 2025. The maturity date for the notes is July 11, 2028.
According to the filing, the notes will be issued at 100% of face value. Interest payments will be made semiannually, with the first payment scheduled for January 11, 2026. The principal will be repaid in a single payment at maturity.
Cresud is incorporated in Argentina and operates in the real estate sector. The company’s principal executive offices are located in Buenos Aires.
All information is based on a press release statement included in the company’s SEC filing.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.