IRSA Announces Successful Multi-Currency Note Issuance

Irsa Inversiones Y Representaciones SA (IRS) has released an update.

IRSA Inversiones y Representaciones Sociedad Anónima has successfully issued new notes totaling approximately USD 42.0 million in the local capital markets, with Series XX notes in USD having a 6.00% interest rate and maturing in 2026, and Series XXI notes in Argentine Pesos tied to the BADLAR rate plus 4.50%, maturing in 2025. Both series are set to repay the principal at maturity and will commence interest payments later this year.

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