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 July 2024. The report serves as an English translation of a payment notice regarding the Company's Series XLIV Fixed Rate Notes.
Key Financial Metrics
The filing details a specific debt service event rather than comprehensive financial performance metrics such as revenue or operating cash flow.
- Outstanding Principal: USD 39,765,830
- Instrument: Series XLIV Fixed Rate Notes due 2027
- Annual Nominal Interest Rate: 6.00%
- Interest Payment Amount: USD 1,189,706.48
- Payment Currency: USD
- Payment Agent: Caja de Valores S.A.
Material Changes
The filing does not report material changes to the Company's business operations or financial position compared to prior periods. It solely announces the commencement of the first interest installment for notes issued on January 17, 2024.
Outlook, Risks, and Unusual Items
The document contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The only unusual item noted is the specific execution of the first interest payment for the Series XLIV Notes.
Investor Verification Checklist
- Verify the record date of July 16, 2024, to confirm eligibility for the interest payment.
- Confirm the payment execution date of July 17, 2024, via the Payment Agent (Caja de Valores S.A.).
- Validate the outstanding principal balance of USD 39,765,830 for the Series XLIV Notes.
- Review the original issuance terms from January 17, 2024, to ensure the 6.00% rate and payment schedule align with the indenture.