Plaza Centers N.V. UPDATE ON MANDATORY REPAYMENT TO THE BONDHOLDERS (7259S)
05 October 2017 - 2:00AM
UK Regulatory
TIDMPLAZ
RNS Number : 7259S
Plaza Centers N.V.
04 October 2017
4 October 2017
PLAZA CENTERS N.V.
UPDATE REGARDING MANDATORY REPAYMENT TO THE BONDHOLDERS
Plaza Centers N.V. ("Plaza" or the "Company") announces that,
further to its announcement on September 26, 2017, the Company has
received the consent of the trustees of its Israeli series A bonds
and series B bonds for the allocation of certain funds received by
the Company between the Company's series A bonds and series B bonds
due for repayment of such bonds as detailed in the announcement
dated September 26, 2017. The Company further advises that it has
filed an application with the Israeli court to receive instructions
as to the allocation of the remainder funds between the Israeli
series A and series B bondholders and that a hearing has been
scheduled to October 25, 2017.
Accordingly, the Company will shortly publish a report that will
detail the specific amounts to be repaid and the dates for such
repayment.
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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