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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.
  • Status
    redeemed
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    39,260,000 ILS
  • М/S&P/F
    — / — / —
  • Full name
    MirLand Development Corporation Plc
  • Registration country
    Cyprus
  • Industry
    Construction and development