IRS IRSA INVESTMENTS & REPRESENTATIONS INC
Price Chart
Executive Summary
IRSA Investments & Representations issued USD 50 million of Series XXV Notes in the local Argentine market, with a 3.75% interest rate and one-year maturity. The issuance was oversubscribed (USD 64.5 million in bids), and proceeds will be used to refinance existing liabilities and for working capital in Argentina.
Actionable Insight
This is a routine refinancing at a relatively low coupon for an Argentine issuer, signaling continued local-market access and manageable credit costs. The short one-year tenor and small absolute size relative to IRSA's $1.2B market cap suggest no material balance-sheet change. Monitor upcoming 20-F for total debt composition and refinancing risk.
Key Facts
- Issuance of Series XXV Notes for USD 50,000,000 in the local market.
- Interest rate on the notes is 3.75%.
- Issue and settlement date: June 8, 2026; maturity: June 8, 2027.
- Total bids received were USD 64,496,456, indicating 1.29x oversubscription.
- Proceeds used primarily to refinance existing liabilities and working capital.
- Pro rata allocation factor applied at 60.06% due to oversubscription.
Financial Impact
USD 50 million debt issuance at 3.75% coupon, one-year maturity.
Risk Factors
- Argentine macroeconomic and currency risk remains elevated, which could affect the company's ability to refinance at similar rates in 2027.
- Short-term maturity profile increases refinancing frequency and rollover risk.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0000933267-26-000035 |
| Document: 0000933267-26-000035-index-headers.html | 0000933267-26-000035 |
| Document: 0000933267-26-000035-index.html | 0000933267-26-000035 |
| Document: 0000933267-26-000035.txt | 0000933267-26-000035 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
2d ago
|
6-K
| $16.69 awaiting T+1 | awaiting T+1 | — | $16.69 (+0.00%) |
|
Jun 10, 2026
4d ago
|
6-K
| $15.50 awaiting T+1 | awaiting T+1 | — | $16.69 (+7.68%) |
|
Jun 5, 2026
9d ago
|
6-K
| $15.35 awaiting T+1 | awaiting T+1 | — | $16.69 (+8.73%) |
|
Jun 3, 2026
11d ago
|
6-K
| $15.30 $15.14 | ▼ −1.05% | ▲ +1.55% | $16.69 (+9.08%) |
|
May 26, 2026
19d ago
|
6-K
| $14.62 $15.03 | ▲ +2.80% | ▲ +2.79% | $16.69 (+14.16%) |
|
May 19, 2026
26d ago
|
6-K
| $13.74 $14.14 | ▲ +2.91% | ▲ +2.72% | $16.69 (+21.47%) |
|
May 12, 2026
4w ago
|
25-NSE
| $1.85 $1.85 | · 0.00% | ▼ −0.58% | $16.69 (+802.16%) |
|
Apr 28, 2026
6w ago
|
6-K
| — | awaiting T+1 | — | — |
US Market Status
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