BackSummary
Cresud issued USD 64.2 million in Series LII and LIII notes in the local capital markets, with maturities in 2028 and 2030.
Key takeaways
- Issued Series LII notes for USD 41.2 million at 4.75% due April 2028.
- Issued Series LIII notes for USD 23.0 million at 6.25% due April 2030.
- Both series are bullet principal at maturity and issued at 100% face value.
- First interest payment for both series is nine months from issuance date.