Business Context and Reporting Period
This Form 6-K filing by IRSA Inversiones y Representaciones Sociedad Anónima (IRSA) covers the month of August 2024. The report serves as a notification regarding a scheduled interest payment on the Company's Fixed Rate Series XVIII Notes, which mature in 2027.
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 XVIII Notes
- Principal Amount Outstanding: USD 21,408,926
- Annual Nominal Interest Rate: 7.00%
- Interest Payment Amount: USD 747,259.50
- Payment Currency: USD
- Payment Agent: Caja de Valores S.A.
Material Changes
The filing does not report material changes to the Company's financial position or operations compared to prior periods. It solely announces the commencement of the first interest installment for the Series XVIII Notes issued on February 28, 2024.
Outlook, Risks, and Unusual Items
Payment Schedule: The effective payment date is August 28, 2024. The payment covers the interest period from February 28, 2024, to August 28, 2024.
Eligibility: Interest will be paid to holders registered as of August 27, 2024, in the registry held by the Register Agent.
Risks and Contingencies: The filing text does not provide information regarding new risks, contingencies, or management commentary on future outlook beyond the scheduled debt service.
Investor Verification Checklist
- Verify the registration date of August 27, 2024, to confirm eligibility for the interest payment.
- Confirm the receipt of the USD 747,259.50 interest payment on or after August 28, 2024.
- Review the full terms of the Series XVIII Notes issued on February 28, 2024, for future payment schedules.
- Note that this filing does not contain updated revenue, earnings, or liquidity data for the Company.