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STANDARD & POOR'S CREDIT RATING UPDATE FOR NOTES

STANDARD & POOR'S CREDIT RATING UPDATE FOR NOTES.

articlePlaza Centers N.v.September 28, 20175/company/plaza-centers-nv/news/standard-and-poors-credit-rating-update-for-notes
STANDARD & POOR'S CREDIT RATING UPDATE FOR NOTES

About this update from Plaza Centers N.v.

[{"type":"text","content":"\n \nRNS Number : 1470S Plaza Centers N.V. 28 September 2017  \n\n28 September 2017\n \n \n \nSTANDARD & POOR'S CREDIT RATING UPDATE FOR PLAZA CENTERS' NOTES \n \n \nPlaza Centers N.V. (\"Plaza\" / the \"Company\") announces that Standard & Poor's Maalot (\"S&P Maalot\") has updated credit rating for the company's Notes.\n \nOn September 28 Standard & Poor's Maalot (\"Maalot\"), the Israeli credit rating agency which is a division of International Standard & Poor's, has reduced its credit rating of Plaza's two series of Notes traded on Tel Aviv Stock Exchange from \"ilCCC\"  to \"ilCC\" with negative outlook on a local Israeli scale.\n \nA full copy of the S&P Maalot report is available at:\nhttp://www.plazacenters.com/index.php?p=financial_reports_2017\n(Currently in Hebrew; an English translation will be available shortly)\n \n \nFor further details, please contact:\n \nPlaza\nDori Keren, 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, redeveloping existing centres in both capital cities and important regional centres. The Company 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 o...

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