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IRSA Initiates Fourth Interest Payment for Series XVI Notes
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IRSA Initiates Fourth Interest Payment for Series XVI Notes

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Invest with Confidence:

An update from Irsa Inversiones Y Representaciones SA ( (IRS) ) is now available.

On January 31, 2025, IRSA announced the commencement of the fourth installment interest payments for its Series XVI Notes, originally issued on January 31, 2023. The payment, amounting to USD 996,922.59, is set to be distributed in USD, reflecting a 7.00% annual nominal interest rate. The notes, with a principal amount of USD 28,251,300, remain outstanding in full, indicating a stable financial outlook for the company. This payment is significant for stakeholders, as it reaffirms IRSA’s commitment to fulfilling its financial obligations and maintaining investor confidence.

More about Irsa Inversiones Y Representaciones SA

Irsa Inversiones y Representaciones Sociedad Anónima (IRSA) is a prominent company based in Argentina. It operates in the real estate sector, specializing in investments and representations with a focus on developing and managing diversified property portfolios.

YTD Price Performance: -3.33%

Average Trading Volume: 205,009

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.32B

For a thorough assessment of IRS stock, go to TipRanks’ Stock Analysis page.

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