SEC Filing Summary: IRSA Investments & Representations Inc.
Business Context and Reporting Period
This Form 6-K filing, dated January 24, 2025, is issued by IRSA Inversiones y Representaciones Sociedad Anónima (IRSA), an Argentine real estate developer. The report serves as a notification regarding a scheduled interest payment on the Company's Fixed Rate Series XV Notes.
Key Financial Metrics
The filing details specific debt service obligations rather than comprehensive financial performance metrics such as revenue, profit, or cash flow.
- Debt Instrument: Fixed Rate Series XV Notes
- Principal Amount Outstanding: USD 61,748,700
- Annual Nominal Interest Rate: 8.00%
- Upcoming Interest Payment: USD 2,490,248.94
- Payment Date: January 31, 2025
- Payment Period Covered: July 31, 2024 to January 31, 2025
- Payment Currency: USD
Material Changes
The filing does not report material changes to the Company's financial position, operations, or strategy compared to prior periods. It strictly announces the commencement of the fourth interest installment payment for the Series XV Notes issued on January 31, 2023.
Outlook, Risks, and Management Commentary
Management commentary is limited to the confirmation of the payment schedule. The filing notes that interest will be paid to holders registered as of January 30, 2025. No specific risks, contingencies, or forward-looking guidance regarding future business performance are disclosed in this document.
Key Facts for Investor Verification
- Verify the record date of January 30, 2025, to confirm eligibility for the upcoming interest payment.
- Confirm the payment agent (Caja de Valores S.A.) and the effective payment date of January 31, 2025.
- Note that the payment covers only interest (100%); no principal repayment is scheduled for this date.
- Review the total outstanding capital of USD 61,748,700 to assess the Company's current debt load relative to this specific tranche.