Business
Update on Credit Rating
Update on Credit Rating.
About this update from Plaza Centers N.v.
[{"type":"text","content":"\n \nRNS Number : 6268M Plaza Centers N.V. 18 August 2011 \n \n\n18 August 2011\n \nMIDROOG LTD, AN AFFILIATE OF MOODY'S INVESTORS SERVICE\nUPDATES CREDIT RATING FOR PLAZA CENTERS' NOTES \n \n \nPlaza 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 MIDROOG Ltd., the Israeli Credit Rating Agency and an affiliate of Moody's Investors Service (\"Midroog\"), has updated the rating of Plaza's two series of Notes from \"A2/Negative\" to \"A3/Negative\" with removal from watch list.\n \nA full copy Midroog's report is available at:\nhttp://www.plazacenters.com/index.php?p=financial_reports_2011\n \n (Currently in Hebrew; an English translation will be available shortly).\n \n \nFor further details please contact:\n \nPlaza\nRan Shtarkman, President and CEO +36 1 462 7221\nRoy Linden, CFO +36 1 462 7105\n \nFinancial Dynamics \nStephanie Highett/Laurence Jones +44 20 7831 3113\n \nNotes to Editors\n \nPlaza Centers N.V. (www.plazacenters.com) a leading property developer and investor with a significant presence across Central and Eastern Europe as well as operations in India and the USA. 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 dual listed on the Main Board of the London Stock Exchange and, as of 19 October 2007, the Warsaw Stock Exchange (LSE:\"PLAZ\", WSE: \"PLZ/PLAZACNTR\"). Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. (\"EIL\"), an Israeli public company whose shares are traded on ...