21 May 2012
STANDARD & POOR'S UPDATES CREDIT RATING FOR PLAZA CENTERS' NOTES
Plaza Centers N.V. ("Plaza" or the "Company"), a leading property developer and investor with operations in Central and Eastern Europe, India and the USA, today announces that S&P Maalot ("Maalot"), the Israeli credit rating agency which is a division of International Standard & Poor's, has updated the credit rating of Plaza's two listed series of Notes from "ilBBB+/Negative" to "ilBBB+/Stable" on a local Israeli scale.
A full copy of S&P Maalot's report is available at:
http://www.plazacenters.com/index.php?p=financial_reports_2012
(Currently in Hebrew; an English translation will be available shortly).
Plaza Ran Shtarkman, President and CEO Roy Linden, CFO |
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FTI Consulting Stephanie Highett/Daniel O'Donnell |
+44 20 7831 3113
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Notes to Editors