Report of Foreign Issuer (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 February, 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 February 16, 2017, filed by the Company with the Bolsa de Comercio de Buenos Aires   and the Comisión Nacional de Valores .

 

  

By letter dated February 16, 2017, the Company reported that IDB Development Corporation Ltd. ("IDBD") has informed to the Tel Aviv Stock Exchange of the results of the issuance of the Series XIII Notes in the Israeli market for an amount of NIS 1,060 million (approximately USD 283.7 million) due November 2019 at a fixed annual interest rate of 5.40%.

 

The Notes are pledged by the potential cash flow that could result from dividends or the sale of certain shares of Clal Insurance Enterprise Holdings Ltd. held by IDBD.

 

The funds will be used primarily to cancel existing debt.

 

 

 

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.

 

	IRSA Inversiones y Representaciones Sociedad Anónima
	By:	/S/ Saúl Zang
		Name: Saúl Zang
		Title: Responsible of relationship with the markets

Dated: February 16 , 2017