27 December 2017
PLAZA CENTERS N.V.
UPDATE REGARDING REPAYMENT TO THE BONDHOLDERS
Plaza Centers N.V. ("Plaza" or the "Company"), announces, further to its announcement of 21 December 2017, that there is an initial agreement among both Series of Israeli Bonds and the Company with respect to the allocation of funds between the 2 Series of Israeli Bonds, from this day onwards. Immediately, following the approval of such agreement by the Israeli Bondholders, the Series A Bondholders shall withdraw their request for immediate repayment of the entire outstanding debt.
In addition, the Company announces that it intends to make the interest repayments scheduled for 31 December 2017, as planned, and both trustees of the Israeli Bonds approved such interest repayments.
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