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 October, 2016
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
By
letter dated October 7, 2016, the Company informed that, through
its subsidiary REAL ESTATE INVESTMENT GROUP V L.P., has decided to
renew the loan granted dated October 9, 2015 for the amount of US $
40 million to Inversiones Financieras del Sur S.A. ( "IFISA"), a
subsidiary indirectly controlled by Eduardo Sergio Elsztain. The
renovation implies the extension of the deadline for repayment
within 30 days from October 8, 2016, automatically renewable for
periods of 30 days to a maximum of 180 days and the setting of a
rate of 9% per annum.
The Audit Committee has no objections towards this
transaction.