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Cresud to Pay Sixth Installment of Series XXXVI Notes

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Cresud to Pay Sixth Installment of Series XXXVI Notes

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

Cresud Sociedad Anónima announced that on February 18, 2025, it will commence the payment of the sixth installment of interests and capital amortization for its Series XXXVI fixed rate notes. This payment, which encompasses the period from August 18, 2024, to February 18, 2025, will include an interest payment of USD 409,168.57 and a principal payment of USD 40,583,296, with the effective payment date set for February 18, 2025. This marks a significant financial transaction for the company, ensuring the fulfillment of its obligations to noteholders and potentially strengthening its market position by demonstrating financial stability and reliability.

More about Cresud Sociedad

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a company based in Argentina, operating in the agriculture and real estate sectors. It focuses on the management and development of agricultural land, as well as real estate investments, primarily in Argentina.

YTD Price Performance: -11.51%

Average Trading Volume: 264,366

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $811.3M

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

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