By Aaron Hochman-Zimmerman
New York, June 17 - Nanette Real Estate Group NV priced NIS 130 million debentures with a coupon of 8%, according to a press release.
The coupon is linked to the Israeli consumer price index.
The principal will be repaid over a three-year period beginning in 2011.
Proceeds will be used to expand the group's real estate holdings in Eastern Europe.
Nanette is an Israeli real estate development firm with offices in Amsterdam, the Netherlands, Poland and Hungary.
| Issuer: | Nanette Real Estate Group NV
|
| Amount: | NIS 130 million
|
| Issue: | Israel CPI-linked debentures
|
| Maturity: | 2014
|
| Coupon: | 8%
|
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