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MirLand placed Eurobonds in shekels equalling $63m at LIBOR+2,75%

December 10, 2007 | Interfax-AFI

Developement company MirLand has placed 2 tranches of Eurobonds in shekels equalling $63m, said the company’s press-release published at the LSE.

The issue comprises an A-series tranche totalling 39.26m shekels and a B-series tranche amounting to 204.874m shekels.
Coupon rate was set at LIBOR+2,75% p.a.
The bonds are to be redeemed in equal parts in 2010 – 2015.

Issue: MirLand Development, 6.50% 30dec2016, ILS

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedRussia12/30/201639,260,000 ILS-/-/-

Company: MirLand Development

Full company nameMirLand Development Corporation Plc
Country of riskRussia
Country of registrationCyprus
IndustryConstruction and development


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