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0.00967741935483865 0.00967741935483865 0 0 -0.00980645161290315 0 -0.00645161290322581 -0.00409677419354844
Stock impact report

IRSA Inversiones y Representaciones S.A. announces its Exchange offer for Series I Notes under Resolution "A" 7106 of the Argentine Central Bank

IRSA Inversiones Y Representaciones S.A. Global Depositary Shares (Each representing ten shares of) (IRS) 
US:NYSE Investor Relations: irsa.com.ar
Company Research Source: PR Newswire
BUENOS AIRES, Argentina, Oct. 23, 2020 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), Argentina's leading Real Estate company, informs that according to Resolution "A" 7106 of the Central Bank of the Argentine Republic that restricts access to the Foreign Exchange Market to purchase US dollars for the payment of foreign currency-denominated debt securities principal maturing between October 15, 2020 and March 31, 2021, the Company announces the beginning of the exchange offer process for Series I Notes for an amount of USD 181.5 million, maturing on November 15, 2020 and the issuance of two new Series of Notes (the "Exchange Offer").SERIES VIII DOLLAR-DENOMINATED NOTES, ACCRUING INTEREST AT A FIXED NOMINAL RATE OF 10.00% PER ANNUM AND MATURING 3 YEARS AFTER THE DATE OF ISSUE AND SETTLEMENT, TO BE AMORTIZED ON AN ANNUAL BASIS, IN A PRINCIPAL AMOUNT UP TO U$S 108,911,224 (THE "SERIES VIII NOTES" OR "SERIES VIII"), TO BE PAID IN KIND BY TENDERING FOR EX Show less Read more
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