IRSA Inversiones y Representaciones Completes Reopening of 8.000% Senior Notes Offering Due 2035

Simpson Thacher represented IRSA Inversiones y Representaciones S.A. in connection with the reopening offering of senior notes. IRSA completed an offering of US$180 million in aggregate principal amount of additional 8.000% Senior Notes due 2035. The additional notes constitute a reopening of the US$300 million in aggregate principal amount of notes originally issued on March 31, 2025, increasing the aggregate principal amount of the outstanding notes to US$480 million. The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended. IRSA intends to use the proceeds of the offering for one or more of the purposes stipulated in Article 36 of the Argentine Negotiable Obligations Law, including the integration of working capital in Argentina and the repayment of short-term debt. IRSA is one of Argentina’s leading real estate companies; global depositary shares representing its common shares are listed on the New York Stock Exchange. Simpson Thacher represented IRSA Inversiones y Representaciones S.A. with a team composed by: Juan M. Naveira (Capital Markets); Marcelo B. Lorenzen (Capital Markets); Taisa Sani (Capital Markets); Michael E. Mann (Tax).

IRSA Inversiones y Representaciones Completes Reopening of 8.000% Senior Notes Offering Due 2035

Read the full story