SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
REPORT
OF FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15b-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of March,
2025
IRSA
Inversiones y Representaciones Sociedad
Anónima
(Exact name of
Registrant as specified in its charter)
IRSA
Investments and Representations Inc.
(Translation of
registrant´s name into English)
Republic
of Argentina
(Jurisdiction of
incorporation or organization)
Carlos
M. Della Paolera 261 9th Floor
(C1001ADA)
Buenos
Aires, Argentina
(Address
of principal executive offices)
Form 20-F ⌧ Form 40-F ☐
Indicate by check
mark whether the registrant by furnishing the information contained
in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes ☐ No
⌧
IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
ANÓNIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Attached is the English translation
of the summary of the letter dated March 25, 2025, filed by the
Company with the Bolsa de Comercio
de Buenos Aires and the Comisión Nacional de
Valores.
BUENOS AIRES, ARGENTINA –
March 25, 2025 – IRSA Inversiones y Representaciones Sociedad
Anónima (the “Company”) (NYSE: IRS), announces that
it will issue notes for a total amount of USD 300
million, of which USD 57.8 million result
from the early exchange of the Series XIV Notes maturing in June
2028,
according to the following information:
Series
XXIV Notes
Amount to be Issued: USD
300,000,000 composed as follows:
a) Nominal Value of Series XXIV Notes
subscribed in US Dollars: USD 242,205,175
b) Nominal Value of the New Series XXIV
Notes to be issued in exchange for the Existing Series XIV Notes
tendered prior to the Early Participation Date under the Exchange
Offer: USD 57,794,825
Issue and Settlement Date: March 31,
2025.
Maturity Date: March 31,
2035.
Interest Rate:
8.00%
Average Life: 9
years.
Amortization: in three
annual installments
- 33% of the nominal value 8 years after
the Issue and Settlement date, on March 31, 2033;
- 33% of the nominal value 9 years after
the Issue and Settlement date, on March 31, 2034;
and
- 34% of
the nominal value 10 years after the Issue and Settlement date, on
March 31, 2035.
Interest Payment Dates: Semmiannually,
on March 31 and September 30 of each year, starting on September
30, 2025 and through Maturity Date.
Form and Place of Payment: in United
States Dollars, outside of Argentina, through DTC or its
representative.
CUSIP: Rule 144A:
450047 AJ4 Regulation S: P58809 BU0
ISIN: Rule 144A:
US450047AJ43 Regulation S: USP58809BU07
i) Series XXIV Notes
Results:
-Nominal value of Series XXIV Notes
subscribed in US Dollars: USD 242,205,175
-Issue Price: 96.903%
-Yield to Maturity: 8.500%
ii) Exchange Offer Results as of the Early Participation Date:
ii) Exchange Offer Results as of the Early Participation Date:
-Nominal Value of Existing Notes
tendered and accepted for the exchange as of the Early
Participation Date: USD 67,360,007, corresponding to USD
55,575,005.78 of the total outstanding principal amount of the
Existing Notes (after giving effect to the Amortization
Factor)
-Nominal Value of Notes to be Issued under
the Exchange Offer (including the Exchange Consideration): USD
57,794,825
-Accrued
Interests on the Existing Notes through the Issue and Settlement
Date: USD 1,337,201.35
-Issue
Price:100%
SIGNATURES
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
|
|
IRSA
Inversiones y Representaciones Sociedad
Anónima
|
|
|
|
|
|
|
|
By:
|
/S/ Saúl
Zang
|
|
|
|
Name: Saúl
Zang
|
|
|
|
Title: Responsible
of relationship with the markets
|
March
27, 2025