Plaza Centers N.V. Approval of amendment to Restructuring Plan (6169R)
13 December 2016 - 3:29AM
UK Regulatory
TIDMPLAZ
RNS Number : 6169R
Plaza Centers N.V.
12 December 2016
12 December 2016
Plaza Centers N.V. (the "Company" or "Plaza")
Series B Noteholders approve the amendment of the deed of trust
for Series B Notes
Further to the Company's press release published on December 1
2016 regarding the approval of certain amendments to an early
prepayment term under the Company's restructuring plan, and in
light of a technical error in the amended deed of trust for Series
B Notes in connection with the minimum repayment amount that will
not trigger an early redemption of the Series B Notes (the "Minimum
Repayment Amount"), the Company announces that the holders of the
Company's Series B Notes approved on December 12 2016, by the
required majority, to amend the Minimum Repayment Amount to be NIS
260,661,987 with immediate effect.
Copies of the deed of trust for Series B Notes, as well as the
first and second amendments thereof, can be reviewed at the offices
of the relevant trustee upon prior arrangement.
For further details, please contact:
Plaza
Dori Keren, Acting 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. It focuses on
constructing new centres and, where there is significant
redevelopment potential, redeveloping existing centres in both
capital cities and important regional 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 20 years
This information is provided by RNS
The company news service from the London Stock Exchange
END
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