By Marisa Wong
Los Angeles, June 5 – IRSA Inversiones y Representaciones SA priced $25 million of 5% notes due Dec. 7, 2025, according to a 6-K filing with the Securities and Exchange Commission.
The notes will be issued at par with a proration factor of 81.6627%.
The notes will be issued on June 7.
Proceeds will be used mainly to refinance short-term debt.
IRSA is a real estate company based in Buenos Aires.
| Issuer: | IRSA Inversiones y Representaciones SA
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| Amount: | $25 million
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| Issue: | Notes
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| Maturity: | Dec. 7, 2025
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| Coupon: | 5%
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| Price: | Par
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| Yield: | 5%
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| Issue date: | June 7
|
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