CRESUD INC. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing by CRESUD S.A.C.I.F. and A. (Cresud Inc.) covers the month of June 2024. The report serves as an English translation of a payment notice regarding the Company's Series XLI Variable Rate Notes.
Key Financial Metrics
The filing details a specific debt service event rather than comprehensive financial statements. Key metrics related to the Series XLI Notes include:
- Outstanding Principal: ARS 4,147,329,600
- Annual Nominal Interest Rate: 50.4600%
- Interest Payment Amount: ARS 521,752,243.75
- Payment Currency: Argentine Peso (ARS)
- Payment Agent: Caja de Valores S.A.
The filing text does not provide clear values for revenue, profit, cash flow, margins, or overall liquidity positions.
Material Changes and Payment Details
The Company announced the commencement of the fifth installment of interest payments for the Series XLI Notes, which were originally issued on April 4, 2023. The payment covers the period from April 4, 2024, to July 4, 2024. The effective payment date is July 4, 2024. Eligible noteholders are those registered as of July 3, 2024.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the notification of the scheduled debt service. No unusual items were reported in this specific document.
Investor Verification Checklist
- Verify the registration status of Series XLI Notes as of July 3, 2024, to confirm eligibility for the interest payment.
- Confirm the receipt of the ARS 521,752,243.75 interest payment via Caja de Valores S.A. on or after July 4, 2024.
- Monitor the Company's ability to service high-interest debt (50.46% nominal rate) in the context of Argentine Peso volatility.
- Review the full 20-F or subsequent filings for comprehensive revenue and liquidity data not included in this 6-K.