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 September 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 general operating results. Key figures include:
- Outstanding Capital: ARS 4,147,329,600
- Annual Nominal Interest Rate: 41.0038%
- Interest Payment Amount: ARS 428,634,990.62
- Capital Payment Amount: ARS 4,147,329,600 (Full principal repayment)
- Currency: Argentine Peso (ARS)
The filing text does not provide clear values for revenue, profit, cash flow, margins, or overall liquidity beyond this specific debt transaction.
Material Changes and Payment Details
The Company announced the commencement of the sixth installment of interest and the final capital installment for the Series XLI Notes issued on April 4, 2023. The payment covers the period from July 4, 2024, to October 4, 2024. This represents a full repayment of the principal amount outstanding.
Guidance, Outlook, and Risks
The filing does not contain management commentary, future guidance, or a discussion of risks and contingencies. The primary focus is the execution of the debt obligation. The payment agent is identified as Caja de Valores S.A.
Investor Verification Checklist
- Verify the receipt of the full principal amount (ARS 4,147,329,600) and interest (ARS 428,634,990.62) by October 4, 2024.
- Confirm the registration date of record for interest payments is October 3, 2024.
- Assess the impact of this full principal repayment on the Company's total debt load and liquidity position.
- Monitor the Company's ability to service remaining debt obligations given the high nominal interest rate (41.0038%) on this instrument.