Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria : Exchange Offer Series XXIV Notes - Resolution A 7106 Argentine Central Bank
October 26, 2020 at 09:15 am
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The Company published a material fact in relation to the exchange offer of the Series I Notes regarding the Resolution 'A' 7106 announced by the Argentine Central Bank.
The Company informs that According to Communication 'A' 7106 of the Central Bank of the Argentine Republic, the Company announced the beginning of the exchange offer process for Series XXIV Notes for an amount of USD 73.6 million, maturing on November 14, 2020 and the issuance of two new Series of Notes.
For more information, refer to the Issue Prospectus, Price Supplement and Subscription Notice.
Cresud S.A.C.I.F. y A. published this content on 26 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2020 13:14:04 UTC
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.