News

15 December 2025

Series L Notes of Cresud

Pérez Alati, Grondona, Benites & Arntsen advised  BACS Banco de Crédito y Securitización S.A., Banco Hipotecario S.A., Banco de Galicia y Buenos Aires S.A., Balanz Capital Valores S.A.U., PP Inversiones S.A., Futuros y Opciones.com S.A., Cocos Capital S.A., Banco Patagonia S.A., Banco de la Provincia de Buenos Aires, SBS Trading S.A., Petrini Valores S.A., Facimex Valores S.A., Industrial and Commercial Bank of China S.A.U. y Banco Santander Argentina S.A, as placement agents (the “Placement Agents”) of Series No L (“Series No L” orthe "Notes") issued by Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria ("Cresud" or the "Company"), under its Global Notes Program (not convertible into shares) for up to USD 500,000,000 (US Dollars five hundred million) (or its equivalent in other currencies or units of value).

On December 10, 2025, Cresud successfully completed the placement and issuance of Series No. L for an aggregate of USD 29,575,225 which will bear a fixed annual nominal interest rate of 7.25%, at an issuance price of 100% of face value, and will mature on March 10, 2029.

The offer was directed to the local market and the Notes have been authorized for listing on Bolsas y Mercados Argentinos S.A. and for negotiation in the A3 Mercados S.A.

Counsel to the Placement Agents

Pérez Alati, Grondona, Benites & Arntsen acted as legal advisor to the placement agents through Diego Serrano Redonnet, Nicolás Aberastury, Juan Ignacio Rodríguez Goñi, Tamara Friedenberger y Catalina Hermida Pini.

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