Form 6-K

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, 2007

 


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 ninth 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 14, 2007 will start the payment to the holders of the ninth installment of interests related to the Convertible Notes issued on November 14, 2002.

Payment Agent: The Bank of New York.

Payment date: May 14, 2007

Payment hours: From 10 am to 3 pm, Buenos Aires time.

Installment number: ninth installment of interests

Period comprised by the payment: November 14, 2006/May 14, 2007

Concept of payment: Interests (100%)

Payment currency: United States Dollars

Capital Outstanding: US$ 3,067,911

Annual Nominal Interest: 8.00%

Amount of interests being paid: US$ 122,716.44

The interests will be paid to those registered with the Register Agent as holder of the Convertible Notes, on May 1, 2007.


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 3, 2007