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Credit Rating for Bonds

3rd Dec 2014 17:42

RNS Number : 7886Y
Mirland Development Corporation PLC
03 December 2014
 



3 December 2014

MirLand Development Corporation plc

("MirLand" or the "Company")

Maalot S&P has placed MirLand's Series A, B, C and D Bonds on Credit Watch Negative

MirLand, one of Russia's leading residential and commercial property developers, announces that Standard & Poor's Maalot, a subsidiary of Standard & Poor's Rating Services, the credit rating agency, has placed MirLand's Series A, B, C and D Bonds ilBBB+ on a local Israeli scale on Credit Watch Negative due to the economic crisis in Russia. 

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

 

MirLand Development Corporation plc 

Roman Rozental

[email protected]

 

 

+7 495 787 49 62

+7 499 130 31 09

FTI Consulting

Dido Laurimore / Nick Taylor

 

+44 20 3727 1000

Investec Bank plc

Jeremy Ellis / David Anderson

 

+44 20 7597 4000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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