Newsletter

PLAZA CENTERS NV (34/2017) MANDATORY REPAYMENT TO THE BONDHOLDERS

26.09.2017, 13:49aktualizacja: 26.09.2017, 13:49

Pobierz materiał i Publikuj za darmo

Report no 34/2017

Podstawa prawna: Plaza Centers N.V. ("Plaza" or the "Company") announces that, further to the resolutions of the Israeli series A bondholders and the series B bondholders (as published on the Magna on 26 September 2017) in connection with future bondholder repayments (i.e., repayments to series A bondholders, to series B bondholders and to the Polish bondholders), the Company intends to repay a total amount of circa €18,800,000 million, during October 2017, an amount which represents 75% of the funds Plaza has received in the last quarter from sale of real estate assets, as determined in the restructuring plan ("Mandatory Repayment Amount") to be allocated as follows:

• To the Polish bondholders: 8.33% of the Mandatory Repayment Amount - as per the ratio determined in the restructuring plan.

• To the Israeli series A bondholders: 21.23% of the Mandatory Repayment Amount - as per the ratio determined in the restructuring plan.

• To the Israeli series B bondholders: 31.16% of the Mandatory Repayment Amount - the proportional amount that corresponds to the ratio between the outstanding debts of the two Israeli series of bonds.

The Company intends to deposit the reminder of the funds with a third-party trustee for the benefit of both Israeli series of bonds and subsequently approach the competent court in Israel, as soon as possible, for the receipt of instructions with regard to the allocation of such reminder amount. The Company wishes that the Israeli bondholders will find an amicable solution for such payment and future payments as may come.

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.

Więcej na: http://biznes.pap.pl/pl/reports/espi/all,0,0,0,1

kom espi zdz

Pobierz materiał i Publikuj za darmo

bezpośredni link do materiału
Data publikacji 26.09.2017, 13:49
Źródło informacji ESPI
Zastrzeżenie Za materiał opublikowany w serwisie PAP MediaRoom odpowiedzialność ponosi – z zastrzeżeniem postanowień art. 42 ust. 2 ustawy prawo prasowe – jego nadawca, wskazany każdorazowo jako „źródło informacji”. Informacje podpisane źródłem „PAP MediaRoom” są opracowywane przez dziennikarzy PAP we współpracy z firmami lub instytucjami – w ramach umów na obsługę medialną. Wszystkie materiały opublikowane w serwisie PAP MediaRoom mogą być bezpłatnie wykorzystywane przez media.

Newsletter

Newsletter portalu PAP MediaRoom to przesyłane do odbiorców raz dziennie zestawienie informacji prasowych, komunikatów instytucji oraz artykułów dziennikarskich, które zostały opublikowane na portalu danego dnia.

ZAPISZ SIĘ

Pozostałe z kategorii