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Cresud Sociedad to Complete Series XXXVII Notes Payment

Story Highlights
  • Cresud will start the sixth installment payment for Series XXXVII notes on March 17, 2025.
  • The payment includes USD 24,388,036 in capital and USD 330,741.86 in interest, marking full repayment.
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Cresud Sociedad to Complete Series XXXVII Notes Payment

Cresud Sociedad ( (CRESY) ) has provided an announcement.

Cresud Sociedad Anónima announced that on March 17, 2025, it will commence the payment of the sixth installment of interest and capital amortization for its Series XXXVII fixed rate notes, originally issued on June 15, 2022. The payment, amounting to USD 24,388,036 in capital and USD 330,741.86 in interest, will be made in USD to noteholders registered as of March 14, 2025. This payment marks the full repayment of the outstanding capital, indicating a significant financial milestone for the company and potentially enhancing its standing with stakeholders.

More about Cresud Sociedad

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a company based in Argentina, operating in the agricultural sector. It focuses on commercial, real estate, financial, and agricultural activities, providing a range of services and products within these industries.

YTD Price Performance: -20.48%

Average Trading Volume: 239,594

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $723.3M

See more insights into CRESY stock on TipRanks’ Stock Analysis page.

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