NEXT PAYMENT TO THE HOLDERS OF SERIES A & B BONDS

RNS Number : 5148M

Plaza Centers N.V.

08 January 2019

 

January 8, 2019

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 based on its current forecasts, the Company expects to repay on February 18, 2019 approximately EUR 400,000 to its Series A and Series B bondholders (the "Bondholders" and "Bonds" respectively).

The Company further intends to act for the postponement of the repayment of the remaining balance of the Bonds, all in coordination with the trustee of the Bonds and subject to the receipt of the Bondholders' approval as required by the relevant deeds of trust.

Ends

For further details, please contact:

Plaza

Avi Hakhamov, Acting CEO                                                 [phone]

Forward-looking statements

This press release may contain forward-looking statements with respect to Plaza Centers N.V. future (financial) performance and position. Such statements are based on current expectations, estimates and projections of Plaza Centers N.V. and information currently available to the company. Plaza Centers N.V. cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. Plaza Centers N.V. has no obligation to update the statements contained in this press release, unless required by law.

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 has been active in real estate development in emerging markets for over 23 years.

 

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