16th Dec 2014 17:20
16 December 2014
MirLand Development Corporation plc
("MirLand" or the "Company")
Midroog has placed MirLand's Series A, B, D, E and F Bonds on Credit Watch Negative
Further to the Company's announcement of 3 December 2014, MirLand, one of Russia's leading residential and commercial property developers, announces that Midroog, a subsidiary of Moody's Investor Services , the credit rating agency, has placed MirLand's Series A, B, D, E and F Bonds Baa1 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 |
+7 495 787 49 62 +7 499 130 31 09 |
FTI Consulting Dido Laurimore / Nick Taylor/ Ellie Sweeney |
+44 20 3727 1000 |
Investec Bank plc Jeremy Ellis / David Anderson |
+44 20 7597 4000 |
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