6 Dec 2016 09:13
(ShareCast News) - Mirland Development Corporation announced on Friday that it has satisfied a further procedural condition precedent to the settlement plan between the company and the holders of its Series A-F bonds. The AIM-traded firm said it has received approval from the Tel Aviv Stock Exchange
Read more(ShareCast News) - MirLand Development's bondholders have proposed a debt restructuring that could converting $180m of the Russian property developer's debt into new equity. Following a meeting to which MirLand's directors were not invited, the bondholders' debt-to-equity proposal would leave $45m o
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