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  5. Bond Credit Rating Update

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Bond Credit Rating Update

26 Jun 2013 18:25

RNS Number : 9584H
Mirland Development Corporation PLC
26 June 2013
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ο»Ώ

26 June 2013

MirLand Development Corporation plc

("MirLand" or the "Company")

Midroog reconfirms ilBaa1/Stable credit rating for Mirland's Series A, B and D Bonds

MirLand, one of Russia's leading residential and commercial property developers, announces that Midroog, a subsidiary of Moody's Investor Services, the credit rating agency, has reconfirmed the "ilBaa1/Stable" credit rating for Mirland's Series A, B and D Bonds on a local Israeli scale. The Series C Bonds are not rated by Midroog. In addition, Midroog has provided the same rating for any issue of a new bond series of up to NIS 200 million (approximately USD 55 million).Β 

For further information, please visitΒ www.mirland-development.com, or contact:

Β 

MirLand Development Corporation plcΒ 

Roman Rozental

roman@mirland-development.com

Β 

Β 

+7 495 787 49 62

+7 499 130 31 09

FTI Consulting

Dido Laurimore / Will Henderson

Β 

+44 20 7831 3113

Investec Bank plc

Jeremy Ellis / David Anderson

Β 

+44 20 7597 4000

Β 

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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Date   Source Headline
20th Dec 20167:30 amRNSSuspension - Mirland Development Corporation Plc
9th Dec 201611:37 amRNSResults of General Meeting
6th Dec 20167:00 amRNSUpdate: AIM Cancellation/TASE Admission timetable
25th Nov 20167:02 amRNSISA Approval
18th Nov 201611:53 amRNSTASE Approval
17th Nov 20161:09 pmRNSShareholder Circular, Open Offer, AIM Cancellation
16th Nov 20167:00 amRNS3rd Quarter Results
7th Nov 20165:55 pmRNSDirectorate Change
7th Nov 201610:31 amRNSSettlement Plan - Update
11th Oct 20161:03 pmRNSCourt Approval of the Settlement Plan
28th Sep 20167:00 amRNSAmendment to Loan Terms with VTB Bank in Russia
21st Sep 20165:41 pmRNSCompletion of Acquisition of the Century Project
20th Sep 20164:24 pmRNSCompletion of Debt Settlement with SberBank
15th Sep 20166:03 pmRNSCourt hearing to approve the Settlement Plan
5th Sep 20164:12 pmRNSResult of EGM and Result of Bondholder Meeting
25th Aug 20167:00 amRNSNotification of Interest
24th Aug 201612:40 pmRNSCentury Project Acquisition Update
19th Aug 20163:28 pmRNSPosting of Circular and Notice of EGM
19th Aug 20162:29 pmRNSCentury Project Acquisition Update
17th Aug 20167:00 amRNSHalf-year Report
11th Aug 20167:00 amRNSBond Update
20th Jul 20169:41 amRNSUpdate on Bond Restructuring
8th Jul 201612:47 pmRNSDebt Settlement with Sberbank
4th Jul 20164:46 pmRNSCourt approval to convene meetings
4th Jul 20162:00 pmRNSDirectorate Change
29th Jun 20161:33 pmRNSCourt hearing date/Change of registered office
27th Jun 20167:00 amRNSApplication to the Cypriot Court
22nd Jun 20165:25 pmRNSConditional acquisition of minority interests
18th May 20167:00 amRNS1st Quarter Results
16th May 20161:14 pmRNSResult of AGM and Board Changes
21st Apr 20164:50 pmRNSStatement re: Restructuring Update
20th Apr 20167:00 amRNSStatement re: Bondholder announcement
19th Apr 201612:13 pmRNSAGM Notice and Annual Report and Accounts
13th Apr 20161:43 pmRNSStatement re: Bondholder announcements
11th Apr 20165:49 pmRNSHolding(s) in Company
16th Mar 20167:00 amRNSFull Year Results
26th Feb 20166:24 pmRNSReduction of Holding of Controlling Shareholder
22nd Feb 20163:43 pmRNSTrading update
2nd Feb 20167:00 amRNSUpdate re Proposed Restructuring Plan
17th Dec 20154:54 pmRNSUpdate re the Settlement Plan and Bonds Rating
10th Dec 20154:40 pmRNSSecond Price Monitoring Extn
10th Dec 20154:35 pmRNSPrice Monitoring Extension
18th Nov 20157:00 amRNS3rd Quarter Results
17th Nov 20157:00 amRNSApproval of Settlement Plan by Bondholders
16th Nov 20154:37 pmRNSDirectorate Change
29th Oct 20157:00 amRNSUpdate: Potential Reduction of Beneficial Holding
3rd Sep 20158:43 amRNSUpdate: Potential Reduction of Beneficial Holding
1st Sep 20157:04 amRNSPotential Reduction of Beneficial Holding
26th Aug 20152:31 pmRNSFiling of Shelf Prospectus in Israel
19th Aug 20157:00 amRNSHalf Yearly Report
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