Brack Capital Real Estate Inv N.V Bonds Credit Rating Update (2120G)

TIDMBCRE

RNS Number : 2120G

Brack Capital Real Estate Inv N.V

18 November 2015

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Midroog updated the credit rating of the Company's Series A, B and C bonds

Further to previous announcements, the Company is pleased to confirm that Midroog, the credit rating agency accredited by Israel and a subsidiary of Moody's Investors Service Inc., has reaffirmed the credit rating of the Company's Series A, B and C bonds of A2 on a local Israeli scale, changing the outlook from Credit Review with negative implications to negative outlook.

ENQUIRIES:

 
 BCRE - Brack Capital Real Estate Investments 
  N.V. 
 Ariel Podrojski, Chief Executive Officer 
 Nansia Koutsou, Chief Financial Officer          +31 20 514 1004 
 
 Novella Communications 
 Tim Robertson 
 Ben Heath                                       +44 203 151 7008

About BCRE

BCRE is an international real estate development and investment group, headquartered in the Netherlands and listed on the London Stock Exchange. Through its subsidiary and associated undertakings, the Company is interested in, develops and operates an international portfolio of real estate assets, predominantly located in the USA, Germany, Russia, India and the UK.

The Company has established local management team platforms with significant local market expertise in the US, Germany, Russia, India and the UK with exclusive access to over 400 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam, Limassol and Budapest.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFSRLALTLIE

(END) Dow Jones Newswires

November 18, 2015 12:00 ET (17:00 GMT)

Bcre-Brack Cap. (LSE:BCRE)
Historical Stock Chart
From Jun 2024 to Jul 2024