Elbit Imaging holders approve amendment for series I notes

By Jennifer Chiou

New York, April 22 - Elbit Imaging Ltd. announced that holders of 99.99% of its series I notes gave approval for postponing until July 31 the last date for creating and registering the collateral securing the notes.

The postponement is in connection with the terms of the plan of arrangement between the Elbit and its unsecured financial creditors.

Tel Aviv-based Elbit Imaging is a holding company with activities in the fields of commercial and entertainment centers, hotels, image-guided treatment, residential real estate and fashion retail.

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