Israel's Elbit Medical to make special interest payment on series D notes

By Angela McDaniels

Seattle, Aug. 27 - Elbit Medical Imaging Ltd. plans to pay a special interest payment of 0.2027% to holders of its series D notes due 2020, according to a company news release.

The payment will be made on Sept. 16 to noteholders of record as of Sept. 2.

The notes have a 5% interest rate linked to the Israeli consumer price index. When the notes were issued on April 1, the company said it would pay an additional 0.5% of interest per year until it published a prospectus for listing the notes on the Tel Aviv Stock Exchange.

The prospectus was published in Israel on Monday, the company said.

Elbit Medical is a subsidiary of Europe Israel (M.M.S) Ltd., a Tel Aviv, Israel-based company engaged primarily in the development of commercial and entertainment centers in central and eastern Europe.

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