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Cresud Initiates Fifth Interest Payment on Series XXXVIII Notes

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Cresud Initiates Fifth Interest Payment on Series XXXVIII Notes

Cresud Sociedad ( (CRESY) ) has issued an update.

Cresud Sociedad Anónima announced the commencement of the fifth installment interest payment on their Series XXXVIII fixed-rate notes, amounting to USD 2,845,894.47, effective January 3, 2025. This payment, based on an 8% annual nominal interest rate, reflects the company’s ongoing commitment to its financial obligations, potentially enhancing its credibility and stability in the financial markets.

More about Cresud Sociedad

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a company based in Argentina, operating in the commercial, real estate, financial, and agricultural sectors.

YTD Price Performance: 41.31%

Average Trading Volume: 241,125

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $856.6M

Learn more about CRESY stock on TipRanks’ Stock Analysis page.

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