Plaza Centers N.V. UPDATE REGARDING REPAYMENT TO THE BONDHOLDERS (3246A)
December 27 2017 - 3:00AM
UK Regulatory
TIDMPLAZ
RNS Number : 3246A
Plaza Centers N.V.
27 December 2017
27 December 2017
PLAZA CENTERS N.V.
UPDATE REGARDING REPAYMENT TO THE BONDHOLDERS
Plaza Centers N.V. ("Plaza" or the "Company"), announces,
further to its announcement of 21 December 2017, that there is an
initial agreement among both Series of Israeli Bonds and the
Company with respect to the allocation of funds between the 2
Series of Israeli Bonds, from this day onwards. Immediately,
following the approval of such agreement by the Israeli
Bondholders, the Series A Bondholders shall withdraw their request
for immediate repayment of the entire outstanding debt.
In addition, the Company announces that it intends to make the
interest repayments scheduled for 31 December 2017, as planned, and
both trustees of the Israeli Bonds approved such interest
repayments.
Ends
For further details, please contact:
Plaza
Dori Keren, CEO +48 22 231 99 00
FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000
Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is an emerging markets
developer of shopping and entertainment centres. The Company is
listed on the Main Board of the London Stock Exchange, as of 19
October 2007, on the Warsaw Stock Exchange (LSE: "PLAZ", WSE:
"PLZ/PLAZACNTR") and, on the Tel Aviv Stock Exchange. Plaza Centers
N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EI"), an
Israeli public company whose shares are traded on both the Tel Aviv
Stock Exchange in Israel and on the NASDAQ Global Market in the
United States. Plaza Centers has been active in real estate
development in emerging markets for over 21 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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