By Susanna Moon
Chicago, Sept. 16 – MirLand Development Corp. plc said it issued NIS 144,389,000 of 5˝% series F bonds.
Proceeds will be used for general corporate purposes and repayment of debt.
Midroog, a subsidiary of Moody’s Investor Service, rated the bonds as ilBaa1/stable.
MirLand is a Cyprus-based real estate developer that primarily functions in Russia but also has subsidiaries in Israel and Hungary.
| Issuer: | MirLand Development Corp. plc
|
| Issue: | Series F bonds
|
| Amount: | NIS 144,389,000
|
| Coupon: | 5˝%
|
| Pricing date: | Sept. 16
|
| Rating: | Midroog: ilBaa1/stable
|
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