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, 2019
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
⌧
IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
ANÓNIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
By
resolution dated April 1, 2019, the Company informed that its Board
of Directors has approved a credit line for the Company and / or
its subsidiaries to be granted by IRSA Propiedades Comerciales S.A.
(“IRSA CP”) and / or its subsidiaries for up to USD
180,000,000 according to the following conditions:
●Term:
up to three (3) years since the date of the subscription of the
credit line. Not extendable except by express decision of the
competent organ of each company involved.
●Interest
rate: The rate to be applied will be the yield on the
Company’s bonds with maturity date in 2020 negotiated in the
secondary market or those issued in the future. In case of absence
of notes issued by IRSA, the bonds issued by IRSA CP plus a 50
basis points margin will be considered. The rate will be readjusted
quarterly to be applied to the outstanding balances and to the new
disbursements of that quarter.
Having
being consulted the Audit Committee in the terms of article 72 and
subsequent of the Capital Market Law No. 26,831, it has issued an
opinion without objections to be made regarding the transaction
mentioned above. Such opinion is at disposal of the Shareholders in
the corporate headquarters.
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:
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/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 1,
2019