CRESUD is an Argentine company, leader in the agribusiness for more than 80 years. We produce high quality goods, adding value to the Argentine agricultural production chain, with a growing presence in the region through investments in Brazil, Paraguay, and Bolivia. CRESUD is the only company of the sector whose shares are listed both on the Buenos Aires Stock Exchange (BYMA:CRES) and NASDAQ (NASDAQ:CRESY) with full transparency and responsibility.
As of June 30, 2020, CRESUD holds 33.6% interest in BrasilAgro's stock capital. BrasilAgro's shares are listed in the Novo Mercado of the Brazilian Stock Exchange (BOVESPA) since May 2006 under the ticker AGRO3 and as Level II on the NYSE under the ticker LND since November 2012
Currently, Our sector is one of the main engines of the productive, economic, and social development of the country. We have advanced in terms of production, technology, and competitiveness in the agricultural sector, but we still have a lot to do to preserve our natural resources, while feeding a growing population.
We produce oilseed grains and cereals, sugar cane and meat for the world, seeking maximum efficiency in the management of natural resources and optimizing our assets. One of our greatest assets is our people with decades of experience in our company, extensive knowledge of agribusiness and local and regional reality.
Additionally, we participate in the real estate business in Argentina through our subsidiary IRSA (BYMA:IRS, NYSE:IRS), one of the leading real estate companies in Argentina, dedicated to the country, as well as selective investments outside Argentina.
BUSINESS MODEL
D I V E R S I F I E D A N D R E G I O N A L
REGIONAL AGRICULTURAL PORTFOLIO
RECORD PLANTED AREA & FARMING ACTIVITY
G O O D P R O D U C T I V E R E S U L T S F O R 2 0 2 0 C A M P A I G N
FARMLAND SALES TRACK RECORD
DEBT PROFILE
J U N E 3 0 , 2 0 2 0 - U S D M I L L I O N
Description
USD
Maturity
420.1
25
Issuances
Subsequent Local
Stand Alone Net Debt
Rate: 2.0% fixed
Maturity: August 31, 2023
Banking debt
144.8
Series XXIV
73.6
Nov 2020
Series XXVI
15.5
Jan 2021
Series XXVIII
27.5
Apr 2021
Series XXVII
5.7
Jul 2021
Series XXV
59.6
Jul 2021
AMORTIZATION SCHEDULE
246.7
163.0
Cash & Equivalents
USD 102.6
113.0
Series XIX
83.0
Dec 2021
Series XXIII
113.0
Feb 2023
GROSS DEBT
522.7
Cash &
102.6
Equivalents1
NET DEBT
420.1
FY 2021
FY 2022
FY 2023
Central Bank Resolutions A "7106":
Companies must refinance principal maturities operating between October 15, 2020 and March 31,2021.
The BCRA will give access to the official FX up to 40% of the total amount and companies must refinance the remaining balance to an average term of at least 2 years.
The refinancing plan must be submitted prior to September 30, 2020.
The maturity of Series XXIV falls within the period contemplated by the provision.
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Cresud S.A.C.I.F. y A. published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 19:09:03 UTC
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.
CRESUD SOCIEDAD ANÓNIMA, COMERCIAL, INMOBILIARIA, FINANCIERA Y AGROPECUARIA 
