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Published on 3/8/2006 in the Prospect News Emerging Markets Daily.

Israel's Elbit Medical Imaging to issue NIS 104 million in debentures

By Reshmi Basu

New York, March 8 - Elbit Medical Imaging Ltd. plans to sell two series of unsecured non-convertible debentures totaling NIS 104 million to investors in Israel on Thursday.

The first series will consist of NIS 102 million of series A debentures. The second series will consist of NIS 2 million of series B debentures.

On Feb. 23, the company issued NIS 294 million of the series A debentures and NIS 7 million of the series B debentures.

The Tel Aviv-based company is engaged principally in the development of commercial and entertainment centers in central and eastern Europe.


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