NEXT PAYMENT TO HOLDERS OF SERIES A AND B BONDS

RNS Number : 8474Q

Plaza Centers N.V.

08 June 2018

 

8 June 2018

PLAZA CENTERS N.V.

NEXT PAYMENT TO THE HOLDERS OF SERIES A AND SERIES B BONDS

Plaza Centers N.V. ("Plaza" or the "Company") announces that, as per the Company's Restructuring Plan and the Settlement Agreement with Series A and Series B Bondholders from 11 January 2018 ("Settlement Agreement"), the Company intends to repay on 1 July 2018 a total amount of  circa €2.18 million, of which circa €1.35 million shall be paid as an interest payment and circa € 0.83 million shall be paid on account of principal in accordance with the mandatory repayment provisions of the Company's Restructuring Plan.

Ends

For further details, please contact:

Plaza

Avi Hakhamov, Acting CEO                                                 [phone]

FTI Consulting

Dido Laurimore / Claire Turvey / Tom Gough                      [phone]

Notes to Editors

 

Plaza Centers N.V. (www.plazacenters.com) 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 22 years.

 

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