Business
Compliance of the Early Prepayment Term
Compliance of the Early Prepayment Term.
About this update from Plaza Centers N.v.
[{"type":"text","content":"\n \nRNS Number : 9013X Plaza Centers N.V. 27 February 2017 \n\n27 February 2017\n \nPlaza Centers N.V (the \"Company\" or \"Plaza\")\nCompliance of the Early Prepayment Term \nFurther to the Company's press releases published on December 1st 2016 and on December 12th 2016, regarding the approval of the holders of the Company's Series A Notes, Series B Notes and the Polish Notes (collectively: the \"Notes\") to, inter alia, the amendment of the early prepayment term under the Company's restructuring plan (the \"Early Prepayment Term\"), the Company plans to pay its Notes holders a total amount of NIS 191.74 million by March 15th 2017, as an early redemption. Accordingly, upon such payments, the Company will comply with the Early Prepayment Term (early redemption at the total sum of at least NIS 382,000,000) by March 31st 2017, which will prevent the Company from a forced early redemption of the Notes' outstanding principal. \n \nFor further details, please contact:\n \nPlaza\nDori Keren, Acting CEO +48 22 231 99 00\n \nFTI Consulting\nDido Laurimore/ Claire Turvey/ Tom Gough +44 20 3727 1000\n \nNotes to Editors\n \nPlaza Centers N.V. (www.plazacenters.com) is an emerging markets developer of shopping and entertainment centres. It focuses on constructing new centres and, where there is significant redevelopment potential, rede...