By Jennifer Chiou
New York, June 19 - Elbit Imaging Ltd. announced the completion of a private placement of $7.6 million of its series A notes due 2014.
The notes have a 6% coupon, payable semiannually.
The company said that the notes will be linked to the Israeli consumer price index.
The Tel Aviv-based firm primarily deals in the development of commercial centers, hotel ownership and property management in central and eastern Europe.
| Issuer: | Elbit Imaging Ltd.
|
| Issue: | Series A notes
|
| Amount: | $7.6 million
|
| Maturity: | 2014
|
| Coupon: | 6%, payable semiannually
|
| Settlement date: | June 19
|
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