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 April, 2005

 


 

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      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    

 



IRSA INVERSIONES Y REPRESENTACIONES SOCIEDAD ANÓNIMA

(THE “COMPANY”)

 

REPORT ON FORM 6-K

 

Attached is an English translation of the summary of the letter dated April 27, 2005 filed by the Company with the Bolsa de Comercio de Buenos Aires and the Comisión Nacional de Valores.


By letter dated April 27, 2005, the Company reported that it began the process of restructuring and refinancing the debt that its controlled company (80%), Hoteles Argentinos S.A. (HASA), had with BankBoston N.A. As part of this process, the mentioned debt was acquired by Credit Suisse First Boston International (Credit Suisse). Simultaneously, it was made a contract named “Credit Default Swap” with Credit Suisse for the amount of US$ 2,000,000.

 

Now, HASA must present before September 15, 2005 a plan for restructuring all its debt. This plan must have as a limit March 23, 2009.


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:

 

Vice Chairman of the Board of Directors

 

Dated: April 27, 2005