Cresud to make $12.6M principal payment on Series XL Notes
CRESY sits 49% above its 52-week low of $8.32.
Summary
Cresud announced a $12.6 million principal payment on its Series XL Notes, reducing outstanding debt and affirming its financial health.
Key Events · Financing and Capital Events · CRESY
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Second Principal Installment Paid
Cresud will pay $12.6 million as the second capital installment for its Series XL Fixed Rate Notes on June 22, 2026.
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Debt Reduction
This payment reduces the outstanding principal on Series XL Notes to $25.6 million.
Analysis · CRESY · Real Estate & Construction
Cresud is making a scheduled $12.6 million principal payment on its Series XL Fixed Rate Notes. This action reduces the company's outstanding debt and demonstrates its ability to meet financial obligations, contributing to overall financial stability.
At the time of this filing, CRESY was trading at $12.36 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $853.2M. The 52-week trading range was $8.32 to $14.21. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.