23rd Jun 2008 13:37
23 June 2008
MIRLAND DEVELOPMENT CORPORATION PLC
("MirLand" or the "Company")
Re: Bond Rating
MirLand Development Corporation, one of Russia's leading residential and commercial property developers, announces that Midroog Limited, an affiliate of Moody's Investors Service in Israel, has established an A3 rating in respect of the Company's existing bonds and for a new series of up to $150 million which the Company is considering issuing to investors in Israel. No details of the issuance have yet been determined and there is no certainty that the issuance will take place. MirLand will update the market in due course.
For further information:
|
MirLand Development Corporation plc Roman Rozental |
+74 951 303 109 +79031303109 |
|
Financial Dynamics Dido Laurimore / Rachel Drysdale |
+44 20 7831 3113 |
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