IRSA Inversiones y Representaciones SA Webinar - Notes' Exchange Offer Transcript
Welcome, everybody. Thank you for joining us today in this webinar regarding the exchange offers that we launched for IRSA and for Cresud November notes under the resolution "A" 7106 of the Central Bank of Argentina.
We are going to give a quick presentation on the terms and conditions of the offering. And then some slides on the financial situation. Matias Ivan Gaivironsky, our CFO, here we have, we'll give the presentation. Then after that, we are going to open for Q&AS. You can do it in Spanish or in English. We're going to give the presentation in English because we have some international investors. (Operator Instructions)
So thank you, and I give the word for Matias.
Thank you, Santiago, and good morning, everybody. So we think that this is a good opportunity to present what we are doing. This is a special situation for us. There was a new regulation of the Central Bank that forced us to refinance part of our
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