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 May, 2006
CRESUD SOCIEDAD ANONIMA COMERCIAL INMOBILIARIA FINANCIERA Y AGROPECUARIA
(Exact name of Registrant as specified in its charter)
CRESUD INC.
(Translation of registrant´s name into English)
Republic of Argentina
(Jurisdiction of incorporation or organization)
Moreno 877, 23rd Floor, (C1091AAQ)
Buenos Aires, Argentina
(Address of principal executive offices)
Form 20-F T 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 T
CRESUD S.A.C.I.F. and A
(THE “COMPANY”)
REPORT ON FORM 6-K
Attached is an English translation of summary of the payment notice of the seventh installment of interests related to the Company’s Convertible Notes in a principal amount of US$ 50,000,000, Due 2007
CRESUD S.A.C.I.F. y A. Convertible Notes in a principal amount of US$ 50,000,000, Due 2007
The Company informs that on May 15, 2006, started the payment to the holders of the seventh installment of interests related to the Convertible Notes issued on November 14, 2002.
Payment Agent: The Bank of New York.
Payment date: May 15, 2006
Payment hours: From 10 am to 3 pm
Installment number: Seventh installment of interests
Period comprised by the payment: November 14, 2005/ May 14, 2006
Concept of payment: Interests (100%)
Payment currency: United States Dollars
| Capital | Outstanding: US$ 34,998,881 |
Annual Nominal Interest: 8.00%
Amount of interests being paid: US$ 1,339,955,24.-
The interests will be paid to the people who were registered, with the Register Agent, as holder of the Convertible Notes, on May 1, 2006.
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.
| CRESUD SOCIEDAD ANONIMA COMERCIAL INMOBILIARIA FINANCIERA Y AGROPECUARIA | ||||
| By: | /S/ Saúl Zang | |||
| Name: | Saúl Zang | |||
| Title: | Vice Chairman of the Board of Directors | |||
Dated: May 8, 2006