Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria : Raise Risk Rating - Form 6-K
April 04, 2023 at 06:07 am EDT
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CRESUD S.A.C.I.F. and A.
(THE "COMPANY")
REPORT ON FORM 6-K
Attached is the English translation of the letter filed with the Comision Nacional de Valores and Bolsas y Mercados Argentinos on April 3, 2023.
By letter dated April 3, 2023, CRESUD S.A.C.I.F y A. ("the Company") informs that FIX SCR S.A. Risk Rating Agent (affiliate of Fitch Ratings), has decided to raise the rating of the Company's Notes as detailed below:
- Issuer Rating: AA+ (arg)
Series XXX Notes with maturing in August 2023: AA+ (arg)
Series XXXI Notes with maturing in November 2023: AA+ (arg)
Series XXXIII Notes with maturing in July 2024: AA+ (arg)
Series XXXIV Notes with maturing in June 2024: AA+ (arg)
Series XXXV Notes with maturing in September 2024: AA+ (arg)
Series XXXVI Notes with maturing in February 2025: AA+ (arg)
Series XXXVII Notes with maturing in March 2025: AA+ (arg)
Series XXXVIII Notes with maturing in March 2026: AA+ (arg)
Series XXXIX Notes with maturing in February 2024: AA+ (arg)
Series XL Notes with maturing in Dicember 2026: AA+ (arg)
Series XLI Notes with maturing in October 2024: AA+ (arg)
Series XLII Notes with maturing in May 2026: AA+ (arg)
Likewise, the rating report is published on the risk rating agent website.
Cresud S.A.C.I.F. y A. published this content on 04 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2023 10:06:28 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 
