Plaza Centers completes NIS 150 million buy back of series A, B bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 28 - Plaza Centers NV announced the completion of its NIS 150 million buy back program announced on May 23, according to a notice filed with the London Stock Exchange.

The company said it repurchased NIS 23,134,641 of its series A bonds and NIS 142,072,233 of its series B bonds.

The total cost of the repurchases was NIS 150,108,585. The average price for the series A bonds was NIS 83.00 while the average price for series B was NIS 92.14.

Plaza Centers develops and invests in properties located in emerging markets and is based in Amsterdam. It is a subsidiary of Elbit Imaging Ltd., a Tel Aviv-based holding company.

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