IRSA to Pay Third Interest Installment on Series XXI Notes

Story Highlights
  • IRSA will pay the third interest installment on Series XXI Notes on March 10, 2025.
  • The interest payment totals ARS 1,498,822,334.62, impacting IRSA’s financial commitments.
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IRSA to Pay Third Interest Installment on Series XXI Notes

Irsa Inversiones Y Representaciones SA ( (IRS) ) has provided an announcement.

IRSA Inversiones y Representaciones Sociedad Anónima announced that it will commence the payment of the third installment of interest on its Series XXI Notes on March 10, 2025. These notes, issued on June 10, 2024, have a principal amount of ARS 17,012,712,873, with an annual nominal interest rate of 37.7295%. The interest payment, totaling ARS 1,498,822,334.62, will be made to noteholders registered as of March 7, 2025. This payment reflects IRSA’s ongoing financial commitments and may influence its financial stability and investor relations.

More about Irsa Inversiones Y Representaciones SA

Irsa Inversiones y Representaciones Sociedad Anónima (IRSA) is a company based in Argentina, primarily engaged in real estate investments and representations. The company focuses on developing and managing a diverse portfolio of properties, including commercial real estate, shopping centers, and office buildings, catering to various market segments.

YTD Price Performance: -15.77%

Average Trading Volume: 185,873

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.15B

See more data about IRS stock on TipRanks’ Stock Analysis page.

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