Pérez Alati, Grondona, Benites & Arntsen advised BACS Banco de Crédito y Securitización S.A., Balanz Capital Valores S.A.U., Banco de Galicia y Buenos Aires S.A., Banco de la Ciudad de Buenos Aires, Banco de la Provincia de Buenos Aires, Banco Hipotecario S.A., Banco Patagonia S.A., Banco Santander Argentina S.A., Bull Market Brokers S.A., Cono Sur Inversiones S.A., Facimex Valores S.A., Futuros y Opciones.com S.A., Industrial and Commercial Bank of China (Argentina) S.A.U., Invertironline S.A.U., S&C Inversiones S.A., SBS TRADING S.A., as placement agents (the “Placement Agents”) of Series No XLVIII (“Series No XLVIII” orthe "Notes") transaction, under the 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) issued by Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria ("Cresud " or the "Company").
On July 11, 2025, Cresud successfully completed the placement and issuance of Series No XLVIII for an aggregate of USD 43,656,188, which will bear a fixed interest rate of 8,00%, at an issuance price of 100% of face value, and will mature on July 11, 2028.
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 Rodriguez Goñi, Juan Cruz Carenzo and Catalina Hermida Pini.
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