Business Context and Reporting Period
This Form 6-K filing by IRSA Inversiones y Representaciones Sociedad Anónima (IRSA) covers the month of June 2025. The report serves as a notification regarding a scheduled debt service payment for the company's Variable Rate Series XXI Notes.
Key Financial Metrics
The filing details a specific debt repayment event rather than general operating performance. Key figures include:
- Instrument: Variable Rate Series XXI Notes (Principal amount ARS 17,012,712,873).
- Payment Date: June 10, 2025.
- Interest Payment: ARS 1,548,463,007.05.
- Capital Amortization: ARS 17,012,712,873 (Full principal).
- Annual Nominal Interest Rate: 36.1104%.
- Capital Outstanding Post-Payment: ARS 0.
- Currency: Argentine Pesos (ARS).
Material Changes
The filing indicates the finalization of the Series XXI Notes obligation. The payment on June 10, 2025, represents the fourth and final installment, covering both 100% of the accrued interest and 100% of the outstanding capital for the period of March 10, 2025, to June 10, 2025. Consequently, the outstanding principal balance for this specific note series will be reduced to zero.
Outlook, Risks, and Commentary
Management commentary is limited to the mechanics of the payment. The filing confirms that interest will be paid to holders registered as of June 9, 2025, with Caja de Valores S.A. acting as the Payment Agent. No forward-looking guidance, risk factors, or unusual items beyond the scheduled debt maturity are disclosed in this document.
Investor Verification Checklist
- Verify the registration date of June 9, 2025, to confirm eligibility for the interest payment.
- Confirm the receipt of the full capital amortization of ARS 17,012,712,873 on June 10, 2025.
- Validate the exchange rate impact of the ARS-denominated payment if converting to other currencies.
- Check for any subsequent filings regarding the company's remaining debt obligations post-maturity of Series XXI.