Report of Foreign Issuer (6-k)
April 11 2017 - 6:05AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15b-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of April, 2017
IRSA
Inversiones y Representaciones Sociedad
Anónima
(Exact name of Registrant as specified in its charter)
IRSA
Investments and Representations Inc.
(Translation of registrant´s name into English)
Republic
of Argentina
(Jurisdiction of incorporation or organization)
Bolívar
108
(C1066AAB)
Buenos
Aires, Argentina
(
Address of principal
executive offices)
Form 20-F ⌧
Form
40-F ☐
Indicate by
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ☐
No
x
IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
ANÓNIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Attached is the
English translation of the summary of the letter dated April 10,
2016, filed by the Company with the
Bolsa de Comercio de Buenos Aires
and the
Comisión Nacional de
Valores
.
By
letter dated Abril, 2017, the Company reported that it has become
aware that Dolphin Netherlands B.V. ( "Dolphin") and Inversiones
Financieras del Sur S.A. ( "IFISA") have agreed to make certain
changes to the terms and conditions of the financings granted on
(a) February 10, 2015, modified on 9 May 2016 and 22 November 2016;
and (b) July 31, 2015, modified on on May 9 and November 22,
2016, (c) the financing
between REIG V (subsidiary of IRSA) and IFISA
granted on
October 8, 2015, modified on October 7, 2016; with the maturity
term being extended in all cases.
The
main changes to the terms and conditions of timely financing
consist of:
1)
Extend the maturity until February 5, 2018 of all the financing
mentioned in (a), (b) and (c) for a total of USD 68,747,447
(resulting from USD 21,647,447, USD 7,100,000 and UDS 40,000,000
respectively) capitalizing accrued and unpaid interest as of April
6, 2017 for USD 6,838,122.73. The new maturity will coincide with
that of the option to purchase IDBD shares granted by IFISA to the
Company in February 2016.
2)
Maintain the rest of the current conditions of the financings
mentioned in (a), (b) and (c) without changes such as the
guarantees granted and the rate equivalent to 9% per
year.
The audit committee has no objections towards this
transaction
SIGNATURES
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
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IRSA
Inversiones y Representaciones Sociedad
Anónima
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By:
|
/S/ Saúl
Zang
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Name:
Saúl Zang
|
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Title:
Responsible of relationship with the markets
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Dated: April
10
, 2017
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